Half Year 2020 Fnac Darty SA Earnings Call Transcript

Jul 29, 2020 / 04:45PM GMT
Operator

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H1 2020 results presentation for Fnac Darty. I'll be hosting today's event. (Operator Instructions)

I'd now like to hand over to Mr. Enrique Martinez, CEO, to begin today's call.

Enrique Martinez - Fnac Darty SA - CEO & Director

Thanks very much. Good evening to you all. Thanks for connecting live to today's conference call. I'm with Jean-Brieuc. We're going to present the H1 results that we revealed somewhat during our 17th of June release. We decided to provide a business update for the months of April and May and to give you a bit more color on the impact of the crisis.

So let's begin with Slide 3 of the presentation we sent out to you. We see that we achieved revenue for the first half of EUR 2.849 million, down 10% on a like-for-like basis in an unprecedented crisis with the closure of almost all the stores between the 15th of March and the 10th of May. And we had a loss of over EUR 400 million over that period.

I'd like to stress that we had good operational performance and the capacity of

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