Half Year 2019 Fnac Darty SA Earnings Call Transcript

Jul 25, 2019 / 05:00PM GMT
Operator

Ladies and gentlemen, welcome to the Fnac Darty 2019 half year results presentation. I would like now to hand it over to Jean-Brieuc Le Tinier, Group CFO. Sir, please go ahead.

Jean-Brieuc Le Tinier - Fnac Darty SA - Group CFO & General Secretary

Thank you. Good afternoon, everyone. Thank you for attending Fnac Darty half year results conference call. To follow the [replay] of this conference, please download the presentation (inaudible) video cast on our website. I am here with Stéphanie Constand, who is in charge of Financing and Investor Relations. We are here to present to you the key elements of our performance in the first half, and we will then answer your questions.

If you go to Slide 2. The 4 major highlights of the first half are as follow: first, growth; second, excellent cost control; third, gross margin rate remaining at a high level; fourth, acceleration of the group's transformation, which is our top priority for '19.

First, during the semester, the group demonstrated its commercial ability by achieving

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