Q1 2023 Fnac Darty SA Corporate Sales Call Transcript
Good evening. Welcome to the presentation of First Quarter Revenue 2023 of Fnac Darty and the planned acquisition of MediaMarkt in Portugal. Mr. Enrique Martinez, CEO of Fnac Darty; and Jean-Brieuc Le Tinier, CFO, will take the call. Over to you.
Thank you very much. Good evening, everyone. Thank you for being with us for this conference call for the presentation of our first quarter 2023 results. Our press releases and the presentation that we are going to be giving during this call are available on our website.
I am delighted to be with you for this conference call for 2 reasons. First of all, because the stability of our revenue and gross margin in the first quarter show excellent performance, excellent results, which demonstrate the capacity of our group to adapt to meet the needs of our consumers and to provide value. I guess a backdrop of growing pressure on this purchasing power.
Furthermore, we are announcing the acquisition of MediaMarkt in Portugal, 25 years after the opening of
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