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Fnac Darty SA (FNAC.PA)

FNAC.PA on Paris Stock Exchange

92.50EUR
23 Feb 2018
Change (% chg)

€0.60 (+0.65%)
Prev Close
€91.90
Open
€92.00
Day's High
€93.65
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€91.15
Volume
51,700
Avg. Vol
82,574
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€106.60
52-wk Low
€55.00

Latest Key Developments (Source: Significant Developments)

Fnac Darty not ruling out acquisitions in the future
Thursday, 22 Feb 2018 04:52am EST 

Feb 22 (Reuters) - Fnac Darty CEO Enrique Marinez tells a news conference::SAYS NOT RULING OUT MAKING ACQUISITIONS IN THE FUTURE.FNAC-DARTY very pleased with its partnership with SFAM.Insurance broker SFAM bought 11 percent of Fnac Darty .earlier this month, becoming its second-largest shareholder after Germany's Ceconomy <<>>.  Full Article

Fnac Darty FY Net Income From Continuing Operations Rises To ‍​125 Million Euros
Wednesday, 21 Feb 2018 11:45am EST 

Feb 21 (Reuters) - FNAC DARTY SA ::FY PRO FORMA REVENUE EUR 7.45‍​ BILLION VERSUS EUR 7.42 BILLION YEAR AGO.FY PRO FORMA EBITDA EUR 370‍​ MILLION VERSUS EUR 307 MILLION YEAR AGO.CONFIRM OUR OBJECTIVE OF €130 MILLION OF SYNERGIES DELIVERED BY THE END OF 2018.FY NET INCOME FROM CONTINUING OPERATIONS EUR ‍​125 MILLION VERSUS EUR 24 MILLION YEAR AGO.CONFIRMS MEDIUM-TERM OBJECTIVES TARGETING HIGHER GROWTH THAN OUR MARKETS.CONFIRMS MEDIUM-TERM CURRENT OPERATING MARGIN BETWEEN 4.5% AND 5%.PURCHASING AGREEMENT WITH CARREFOUR GROUP <<>> TO HAVE SLIGHTLY POSITIVE IMPACTS ON RESULTS IN 2018.FULL EFFECT OF PURCHASING AGREEMENT WITH CARREFOUR GROUP IS EXPECTED FOR 2019.  Full Article

Societe Generale Launches Placement Of 2.9 Million Fnac Darty Shares
Tuesday, 16 Jan 2018 12:12pm EST 

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 06:10am EST 

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 12:50pm EDT 

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 03:26am EDT 

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 11:47am EDT 

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

Fnac Darty updates on store disposal process initiated in relation to Darty acquisition
Monday, 11 Sep 2017 08:03am EDT 

Sept 11 (Reuters) - FNAC DARTY SA ::REG-FNAC DARTY : INFORMATION REGARDING THE STORE DISPOSAL PROCESS INITIATED IN RELATION TO THE DARTY ACQUISITION.‍FNAC DARTY WAS REQUIRED TO DISPOSE OF SIX STORES BEFORE JULY 31, 2017​.‍TO DATE, THREE STORES HAVE BEEN SOLD TO BUYERS APPROVED BY FRENCH COMPETITION AUTHORITY.​.‍AS FAR AS THIRD STORE IS CONCERNED, FNAC DARTY ASKED FOR AN EXTENSION OF DELAY GRANTED TO FULFIL ITS COMMITMENTS, WHICH AUTHORITY REFUSED​.‍IN CASE OF 2 OF 3 STORES THAT HAVE NOT YET BEEN SOLD, FNAC DARTY HAS SUBMITTED A BUYER TO FRENCH COMPETITION AUTHORITY, WHO DID NOT APPROVE IT​.‍FNAC DARTY IS EXPLORING SEVERAL OPTIONS IN ORDER TO RAPIDLY REACH A SOLUTION.​.‍BOARD OF FRENCH COMPETITION AUTHORITY DECIDED TO START PROCEEDINGS TO VERIFY CONDITIONS UNDER WHICH GROUP IS HONOURING ITS COMMITMENTS​.  Full Article

Fnac Darty joins SBF‍​ 120 index
Friday, 8 Sep 2017 01:26am EDT 

Sept 8 (Reuters) - FNAC DARTY SA ::Joins SBF‍​ 120 index.  Full Article

Artemis to sell stake in Fnac Darty to Ceconomy
Wednesday, 26 Jul 2017 02:37am EDT 

July 26 (Reuters) - FNAC DARTY SA :REG-ARTÉMIS HAS ENTERED INTO AN AGREEMENT FOR THE DISPOSAL OF ITS STAKE IN FNAC DARTY TO CECONOMY.CLOSING OF THE TRANSACTION IS CURRENTLY EXPECTED TO OCCUR BY THE END OF AUGUST 2017‍​.  Full Article

BRIEF-Fnac Darty not ruling out acquisitions in the future

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