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Fnac Darty SA (FNAC.PA)

FNAC.PA on Paris Stock Exchange

93.60EUR
23 May 2018
Change (% chg)

€-1.15 (-1.21%)
Prev Close
€94.75
Open
€94.65
Day's High
€94.65
Day's Low
€92.65
Volume
30,644
Avg. Vol
86,782
52-wk High
€106.60
52-wk Low
€60.63

Latest Key Developments (Source: Significant Developments)

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

Societe Generale Launches Placement Of 2.9 Million Fnac Darty Shares
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - SOCIETE GENERALE ::LAUNCHES A PLACEMENT OF FNAC DARTY SHARES.PLACEMENT OF 2,944,651 FNAC DARTY SHARES BY WAY OF AN ACCELERATED BOOKBUILT PRIVATE PLACEMENT TO INSTITUTIONAL INVESTORS.IS CONDUCTED BY SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING ACTING AS SOLE BOOKRUNNER..IN CONNECTION WITH THE ENTRY INTO A DERIVATIVE TRANSACTION WITH VIVENDI IN ORDER TO PROTECT THE VALUE OF VIVENDI’S C. 11.1% STAKE IN FNAC DARTY.‍​.  Full Article

Ceconomy CEO says believes can recover quickly in Italy
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Ceconomy Ag ::CECONOMY CEO SAYS BELIEVES CAN RECOVER VERY QUICKLY IN ITALY AFTER NEW MANAGEMENT INSTALLED.CECONOMY CEO SAYS AFTER TAKING STAKE IN FNAC DARTY, IS A GREAT POSITION TO LOOK AT FURTHER CONSOLIDATION OPPORTUNITIES IN EUROPE.CECONOMY CEO SAYS TAKES GERMAN INVESTIGATIONS VERY SERIOUSLY, BELIEVES COMMUNICATION ON DEMERGER WAS IN LINE WITH LAW.CECONOMY SAYS ANNUAL ACCOUNTS OF MEDIA-SATURN NOT YET FINALISED, DIVIDEND AUTOMATICALLY PAID WHEN FINAL.CECONOMY SAYS WILL LEAVE RUSSIA AND SWEDEN IF CANNOT TAKE LEADING POSITION THERE.  Full Article

Fnac Darty Q3 revenue at ‍​1.79 billion euros, up 6 pct
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - FNAC DARTY SA ::Q3 REVENUE EUR ‍​1.79 BILLION, UP 6 PERCENT.CONFIRMS END 2018 SYNERGIES OBJECTIVE OF EUR 130 MILLION.SAYS AT LEAST 60 PERCENT OF EUR 130 MILLION IN SYNERGIES TO BE GENERATED BY END 2017.SAYS AS OF END SEPT, PRACTICALLY ACHIEVED TARGET OF 50 STORE OPENINGS IN 2017.SAYS SPAIN SHOWS GOOD LEVEL OF SALES, DESPITE NEGATIVE IMPACT OF BARCELONA ATTACKS.ON SPAIN: IN COMING QUARTERS, LEVEL OF VISIBILITY IS LOWER DUE TO POLITICAL CONTEXT.  Full Article

Fnac Darty to open second shop in Morocco on Nov 2‍​
Monday, 16 Oct 2017 

Oct 16 (Reuters) - FNAC DARTY SA ::TO OPEN ITS 2ND SHOP IN MOROCCO ON NOV 2‍​.  Full Article

Fnac Darty ‍appoints Jean-Brieuc Le Trinier as group CFO and general secretary​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - FNAC DARTY SA ::‍APPOINTS JEAN-BRIEUC LE TRINIER AS GROUP CHIEF FINANCIAL OFFICER AND GENERAL SECRETARY​.  Full Article

Groupe Fnac completes 650 million euro senior bond issue
Thursday, 22 Sep 2016 

Groupe Fnac SA : Said on Wednesday it has completed its 650 million euro ($729.2 million) senior bond issue maturing 2023 . The annual interest rate was set at 3.25 pct, below the initial price range .The transaction drew interest from more than 300 European investors and was heavily oversubscribed.  Full Article

Groupe FNAC launches 650 million euros senior notes offering
Monday, 19 Sep 2016 

Groupe Fnac Sa :Groupe FNAC launches 650 million euros senior notes offering.  Full Article

BRIEF-Fnac Darty not ruling out acquisitions in the future

Feb 22 Fnac Darty CEO Enrique Marinez tells a news conference: