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Fnac Darty SA (FNAC.PA)

FNAC.PA on Paris Stock Exchange

71.80EUR
21 May 2019
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€71.80
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63,530
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€96.75
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€45.76

Latest Key Developments (Source: Significant Developments)

Fnac Darty Launches Senior Notes Offering For 650 Million Euros
Tuesday, 23 Apr 2019 

April 23 (Reuters) - FNAC DARTY SA ::LAUNCHES €650 MILLION SENIOR NOTES OFFERING.NOTES WILL BE GUARANTEED ON A SENIOR BASIS BY CERTAIN OF ISSUER'S SUBSIDIARIES WITHIN 90 DAYS AFTER DATE OF CLOSING OF OFFERING.EUR 300 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2024.EUR 350 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2026.ISSUER EXPECTS TO USE PROCEEDS FROM OFFERING, TOGETHER WITH CASH ON HAND, TO FULLY REDEEM ITS OUTSTANDING EUR 650 MILLION 3.25% SENIOR NOTES DUE 2023.  Full Article

Fnac Darty In Exclusive Negotiations To Buy Nature & Découvertes
Tuesday, 16 Apr 2019 

April 16 (Reuters) - FNAC DARTY SA ::REG-FNAC DARTY STRENGTHENS ITS OFFERING IN THE NATURAL AND WELL-BEING PRODUCT SECTOR EXCLUSIVE NEGOTIATIONS TO ACQUIRE NATURE & DÉCOUVERTES.EXCLUSIVE NEGOTIATIONS TO ACQUIRE NATURE & DÉCOUVERTES.FNAC DARTY'S OBJECTIVE IS TO COMPLETE TRANSACTION AT END OF FIRST HALF OF 2019..  Full Article

Fnac Darty Signs Credit Agreement For EUR 100 Million With EIB
Monday, 18 Feb 2019 

Feb 18 (Reuters) - FNAC DARTY SA ::REG-FNAC DARTY REINFORCES THE EUROPEAN DIMENSION OF ITS FINANCING STRUCTURE.HAS SIGNED A CREDIT AGREEMENT FOR 100 MILLION EUROS WITH EUROPEAN INVESTMENT BANK (EIB).  Full Article

Fnac Darty Reports Loss Of Sales Estimated At Around 45 Million Euros
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - FNAC DARTY SA ::IN AN UNPRECEDENTED CONTEXT OF « YELLOW VEST » PROTESTS, FNAC DARTY REPORTS A LOSS OF SALES ESTIMATED AT AROUND 45 MILLION EUROS.THIS IMPACT ON END OF YEAR SALES SHOULD WEIGH CORRELATIVELY ON THE CURRENT OPERATING INCOME GROWTH EXPECTED FOR 2018.GROUP CONFIRMS MID-TERM OBJECTIVES OF HIGHER GROWTH THAN ITS MARKETS, AND A CURRENT OPERATING MARGIN BETWEEN 4.5% AND 5% OF SALES.GROUP REAFFIRMS ITS OBJECTIVE OF €130M OF SYNERGIES DEPLOYED AT THE END OF 2018.  Full Article

Fnac Darty Q3 Revenue Down At EUR 1.75‍​ Billion
Thursday, 18 Oct 2018 

Oct 18 (Reuters) - FNAC DARTY SA ::Q3 REVENUE EUR 1.75‍​ BILLION, DOWN 2.2% IN PUBLISHED DATA, DOWN 2.3% IN COMPARABLE DATA.CONFIRMS OBJECTIVE OF 70 SHOP OPENINGS IN 2018.CONFIRMS OBJECTIVE OF EUR 130 MILLION SYNERGIES BY END OF 2018 FROM INTEGRATION OF DARTY.CONFIRMS MID-TERM OBJECTIVES OF GROWTH STRONGER THAN ITS MARKET AND CURRENT OPERATING MARGIN OF BETWEEN 4.5% AND 5%.LAUNCHES SHARE BUY BACK PROGRAMME LIMITED TO 535,000 SHARES, I.E. ABOUT 2% OF CAPITAL.BUY-BACK OPERATION REALIZED AT PRICE WHICH CAN'T EXCEED EUR 130 PER SHARE.  Full Article

Fnac Darty H1 Current Operating Income Up at 46 Million Euros
Wednesday, 25 Jul 2018 

July 25 (Reuters) - FNAC DARTY SA ::H1 CURRENT OPERATING INCOME EUR 46‍​ MILLION VERSUS EUR 34 MILLION YEAR AGO.H1 REVENUE EUR 3.20 ‍​ BILLION VERSUS EUR 3.22 BILLION YEAR AGO.H1 FREE CASH FLOW FROM OPERATIONS NEGATIVE EUR 305 ‍​ MILLION VERSUS NEGATIVE EUR 265 MILLION YEAR AGO.CONFIRMS END 2018 SYNERGIES OBJECTIVE OF EUR 130 MILLION.CONFIRMS MID-TERM OBJECTIVES WITH CURRENT OPERATING MARGIN OF 4.5 PERCENT-5 PERCENT.  Full Article

Fnac Darty Teams Up With Wehkamp In The Netherlands
Wednesday, 4 Jul 2018 

July 4 (Reuters) - FNAC DARTY SA ::TEAMS UP WITH WEHKAMP IN THE NETHERLANDS.CONTINUES ITS PARTNERSHIP STRATEGY IN CONNECTION WITH THE CONFIANCE + PLAN.AGREEMENT WILL COME INTO EFFECT AT THE END OF OCTOBER 2018,.EXCLUSIVE AGREEMENT BETWEEN BCC, ITS DUTCH SUBSIDIARY AND DUTCH ONLINE RETAILER WEHKAMP..BCC WILL MAKE ITS ENTIRE PRODUCT LINE AVAILABLE TO WEHKAMP AND MANAGE PURCHASING (ELECTRONICS AND APPLIANCES) FOR BOTH BRANDS.COOPERATION WILL ALLOW BOTH PLAYERS TO STRENGTHEN THEIR POSITIONS IN THE NETHERLANDS.  Full Article

Ceconomy CEO says to keep driving consolidation
Thursday, 17 May 2018 

May 17 (Reuters) - Ceconomy ::CECONOMY CEO SAYS WILL CONTINUE TO DRIVE CONSOLIDATION ON LOCAL, REGIONAL AND INTERNATIONAL LEVEL.CECONOMY CEO SAYS NO NEW INFORMATION ON SEARCH FOR SOLUTION FOR RUSSIAN BUSINESS.CECONOMY CFO SAYS CANNOT RULE OUT NEED FOR FUTURE ADJUSTMENTS DUE TO SHARE DEVELOPMENT OF METRO STAKE.CECONOMY CFO SAYS EXPECTS TO SEE CONTINUING IMPROVEMENTS TO EBIT IN Q3 AND Q4; WORLD CUP SHOULD ALSO HELP.CECONOMY CEO SAYS NO CONNECTION BETWEEN STAKE IN FNAC-DARTY AND NEW ALLIANCE.CECONOMY CEO SAYS ALLIANCE WITH FNAC DARTY NOT JUST ANSWER TO AMAZON, BUT ALSO TO SIZE OF GOOGLE, APPLE.CECONOMY CEO SAYS WAITING TO HEAR WHETHER DIXONS CARPHONE INTERESTED IN JOINING ALLIANCE WITH FNAC DARTY.  Full Article

Fnac Darty Renegotiates Its 600 Million Euros Credit Facilities
Wednesday, 18 Apr 2018 

April 18 (Reuters) - FNAC DARTY SA ::REG-FNAC DARTY RENEGOTIATES ITS €600M CREDIT FACILITIES.FINAL MATURITY FOR EUR 200M TERM LOAN WILL BE EXTENDED BY TWO YEARS, TO APRIL 2023.MATURITY FOR EUR 400M REVOLVING CREDIT FACILITY WILL ALSO BE EXTENDED TO APRIL 2023.REDEMPTION SCHEDULE ALSO POSTPONED BY TWO YEARS.BREDIN PRAT WAS LEGAL COUNSEL FOR FNAC DARTY ON THIS TRANSACTION.  Full Article

Fnac Darty shares placed at price of 91 euros/share
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Fnac Darty ::* SocGen said it had placed 2.9 mln Fnac Darty shares at a price of 91 euros/share.* Price represents discount of around 9.5 pct to Fnac Darty's closing price of 100.50 euros on Jan. 16.* Share placement worth around 268 mln euros.* SocGen said deal aimed at protecting value of Vivendi's 11.1% stake in Fnac Darty .  Full Article

UPDATE 1-Retailer FNAC Darty confirms medium-term targets as 2018 profits rise

PARIS, Feb 20 French electronics goods retailer FNAC Darty, which like many in its sector has been impacted by the country's "Yellow Vests" protests, reported higher profits and confirmed targets for stronger margins and outperforming its market.