Q1 2022 Fnac Darty SA Corporate Sales Call Transcript

Apr 21, 2022 / 04:30PM GMT
Operator

Good afternoon, ladies and gentlemen. Welcome to the Fnac Darty Q1 Revenue Call 2022. I'm Benoit, I'll be your coordinator for today's event.

(Operator Instructions) I'd like to give the floor to Mr. Jean-Brieuc Le Tinier, CFO of the group, to begin today's call. Thank you.

Jean-Brieuc Le Tinier - Fnac Darty SA - CFO

Hello. Good afternoon, everyone. Thank you for taking part in our Q1 revenue call. As usual, our press release as well as our presentation, which we're going to comment on during this call, are already available on our website. The Investor Relations team is at my side with Stephanie and Marina.

First of all, I'd like to give you an overview of the group's performance in the first 3 months of the year. After that, we'll be happy to field any questions you may have.

We'll begin the presentation by talking to you about the main achievements in Q1. Firstly, Fnac Darty held up very well in Q1 in terms of sales, only slightly down by minus 2.5% like-for-like in spite of a very high comparison basis because we

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