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Fnac Darty: Continued resilience in sales in the third

Fnac Darty: Good revenue resistance in Q1 2022

21.04.2022 - Good revenue resistance in Q1 2022 Revenue for Q1 2022 at €1,782 million, down slightly by -2.0% on a reported basis and by -2.5% on a like-for-like basis,1 compared to Q1 2021, taking into account a high comparison basis effect and in an .

Fnac Darty: 2021 half-year results

Fnac Darty: 2021 half-year results
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Fnac Darty introduces new strategic plan

Fnac Darty, also the owner of Vanden Borre, benefited from a strong online year in 2020 and wants to hold on to that applying a new strategic plan. In Belgium, for instance, they will launch a subscription service for repairs.   Increase in online turnover by 55 per cent Fnac Darty s sales rose 1.9 per cent during the Covid year to 7.5 billion euros or 0.6 per cent on a comparable basis. In the fourth quarter, in particular, the electronics retailer sold significantly more - 9.6 per cent more on a like-for-like basis - despite severe lockdowns in countries like France and Belgium. As a result, the year turned into a digital one for the French group: e-commerce sales grew by more than 55 per cent and accounted for 29 per cent of all sales. 

Fnac Darty announces its new strategic plan, Everyday

Fnac Darty announces its new strategic plan, Everyday, which revolutionizes the place of advice, sustainability and service at the heart of day-to-day work for all customers The plan aims to generate recurring free cash flow from operations1 targeted at €240 million by 2025 and a shareholder payout as soon as this year Fnac Darty has announced its new strategic plan, Everyday. The new plan builds on the performance of its omnichannel model, strengthened by the previous strategic plan, Confiance +, and tried and tested by the COVID crisis. The Group's aim, in its day-to-day work and for the long haul, is to be the key ally for consumers, helping them to be sustainable in their consumption habits and daily household tasks. Enrique Martinez, Chief Executive Officer of Fnac Darty, declares: “Everyday is a particularly ambitious plan that engages us in an unprecedented disruptive strategy while accelerating the rollout of our omnichannel model. This new strategic plan is

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