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
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