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Set in Stone: The Story of Richemont
From a South African tobacco company to Cartier, a deep dive into how Richemont built one of the world's leading hard luxury empires.
Fnac Darty
Fnac Darty (FNAC) investor relations material
Fnac Darty AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.AGM 2026 summary27 May, 2026
Opening remarks and agenda
Jacques Veyrat, Chairman of the Board, presided over the meeting, with key executives and auditors present.
Financial performance review
2025 revenue reached €10,330M, with a 0.7% LFL growth and a 2% margin.
Free cash flow was €145M, EBITDA grew by €15M, and net financial debt remained under control.
Gross margin improved to 28%, driven by services, but non-recurring charges impacted net results.
Solid liquidity position with €1.7B at year-end and no major refinancing before 2029.
Board and executive committee updates
Executive committee includes CEO Enrique Martinez and other key leaders across operations, finance, and digital.
Board comprised 14 members, 50% women, 67% independents, and 100% participation rate.
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Latest events from Fnac Darty
- Q1 2026 revenue up 0.9% to €2,310m, with margin gains and a board-backed €36 tender offer.FNAC
Q1 2026 TU23 Apr 2026 - €36/share tender offer at a premium, stable 2025 outlook, and strong cash flow expected.FNACQ4 2025 TU & Status update16 Apr 2026
- Revenue and margin rose, services and online grew, and a 19% premium takeover bid was launched.FNACH2 202512 Apr 2026
- Q1 2025 revenue up 29% reported, Unieuro integration drives growth, gross margin rises pro forma.FNACQ1 2025 TU17 Mar 2026
- H1 2024 saw resilient growth, stable margins, and the Unieuro deal to reinforce European leadership.FNACH1 20243 Feb 2026
- 2024 COI guidance raised above €180m as revenue and margins improve, Unieuro deal advances.FNACQ3 2024 TU19 Jan 2026
- Q3 and 9M 2025 growth driven by hardware, services, online sales, and Portugal expansion.FNACQ3 2025 TU14 Dec 2025
- 2030 plan targets 4M subscribers, >3% margin, and €1.2bn+ cash flow with sustainable growth.FNACCMD 202518 Nov 2025
- H1 2025 revenue up 32.2%, margin improved, Unieuro integrated, and 2025 margin guidance raised.FNACH1 202516 Nov 2025
Next Fnac Darty earnings date
Q2 202622 Jul, 2026
Fnac Darty
Next Fnac Darty earnings date
Q2 202622 Jul, 2026
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