Fnac Dart, 2023 revenues slightly down to 7.88 billion euros

US June retail sales grow less than

(Finance) – Fnac Dartya French multinational active in retail trade, closed the 2023 with revenues equal to 7,875 million euros, almost stable compared to 2022 (-0.9% based on reporting data and -1.1% on a like-for-like basis). The gross margin rate reached 30.2% in 2023, stable compared to 2022 excluding the dilutive impact of franchising.

L’adjusted net profit from continuing operations was equal to 31 million euros in 2023, compared to 104 million euros in 2022.net profit from continuing operations it was negative for 75 million euros, against positives for 100 million euros.

“In this unprecedented context of significant inflationary pressureFnac Darty has been able to accelerate the profound transformation of its digital customer and service model – commented the CEO Enrique Martinez – Our unique positioning, supported by strong brands, makes us a key partner in meeting the needs of our customers and our 11 million subscribers worldwide.”

“2023 was dominated by great momentum in our innovation projects, particularly inuse of artificial intelligence to improve our customer service and the performance of our websites,” he added.

(Photo: Alexander Kovacs on Unsplash)

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