Jan 16, 2020 / 06:00PM GMT
Operator
(Interpreted) So good evening, ladies and gentlemen. Welcome to this conference. Welcome. Now Mr. Enrique Martinez has the floor.
Enrique Martinez - Fnac Darty SA - CEO & Director
(Interpreted) Thank you. Good evening. I'd like to thank you for your availability and for attending this conference call.
In order to be transparent, I have decided to comment our performances estimate in light of the exceptional context that we've been working in from past few weeks. For the second consecutive year, the distribution sector has been impacted by social movements in the month of December, which is the most critical time for our industry. As you know, the end of the year, time is key for our group, both in terms of turnover and in terms of profits.
Fnac is a corporate brand store for Christmas gift with a strong presence in city centers, in particular in Paris Intra-Muros. While we were all expecting growing Christmas sales this year in line of the year 2019 and also because of a favorable base effect and a favorable calendar effect, we are seeing
Full Year 2019 Fnac Darty SA Guidance Call Transcript
Jan 17, 2020
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