H1 2022 Financial Results

H1 2022 GROUP FINANCIAL RESULTS €m H1 2021 H1 2022 Revenue 3,465 3,428 Gross margin 1,029 1,058 Costs 995 1 039 Current operating income 34 19 Non-current operating -14 income and expenses Operating income 32 5 Financial expense -25 -18 Tax expense -9 -3 Net income from continuing 1 -17 operations, Group share Discontinued operations 17 -0 Consolidated net income, Group share 17 -18 ☐ ■ Continued tight control of operating costs • Most of the rise in operating costs is due to the closure of some stores last year as a result of the Covid crisis, the PEPA bonus and the costs linked to the rolling out new activities Implementation of performance plans enabling the Group to almost entirely offset the impact of inflation Operating costs as a percentage of sales are slightly lower in H1 2022 than in H1 20191 ■ Current operating income at €19m Roughly stable vs. H1 2021 and proforma H1 20191, excluding the PEPA bonus and the impact of the rolling out new activities ■ Net income from continuing operations, Group share at -€17m 1 Including Nature & Découvertes on a full-year basis and excluding BCC FNAC DARTY 19

View entire presentation