H1 2022 Financial Results slide image

H1 2022 Financial Results

GOOD RESILIENCE OF H1 2022 RESULTS -2.0% Group revenue change (%) +7.8% +9.0% Q1 2022 31.4% 0.0% Q2 2022 vs. H1 2021 vs. H1 2019* +8.4% -1.1% H1 2022 Gross margin rate evolution 30.9% 29.6% 29.7% H1 2019* H1 2020 H1 2021 H1 2022 1 Like-for-like excludes changes in foreign exchange rates, changes in scope of consolidation, openings and closures of integrated stores *Including Nature & Découvertes on a full-year basis and excluding BCC ■ H1 2022 revenue of €3,428m, down slightly by -1.1% on a reported basis and -1.7% on a like-for-like basis¹ compared with H1 2021, in the context of a very high comparison basis and sharply rising inflation ◉ Compared with proforma 2019*, H1 2022 revenue showed strong growth of +8.4%, driven by an increase in the average basket Strong work with all suppliers to adjust inventory levels in order to continue to offer a good level of product availability throughout the period Gross margin rate of 30.9%, up +120 bps vs. H1 2021, mainly driven by Darty Max and the gradual recovery of the ticketing business ■ Current operating income of €19m, roughly stable vs. H1 2019 proformal and H1 2021 excluding the one-off purchasing power bonus of c. €7m and the expenses allocated to activities rolled-out during the semester FNAC DARTY 12
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