Fnac Darty Releases Preliminary Unaudited Results for Fiscal Year 2025

Ivry-sur-Seine, France – January 26, 2026 – Fnac Darty, the multinational retail group, today published its preliminary unaudited financial results for the full year 2025, providing early insights into the company’s performance ahead of the final audited figures scheduled for release on February 25, 2026.

Key Financial Highlights for 2025

• Estimated annual revenue: €10,330 million on a like-for-like (LFL) basis, representing a modest growth of +0.7%.
• France performance: Revenue in France was up +0.5% LFL, despite a challenging fourth quarter.
• Operating income: Current operating income is expected at €203 million, slightly higher than the previous year.
• Operating margin: Current operating margin is estimated at approximately 2.0% by year-end.
• Free Cash Flow: Estimated Free Cash Flow of around €145 million, reflecting strong working-capital management.

Quarterly Performance and Market Conditions

While Group performance for the full 2025 fiscal year ended almost flat on a comparable basis, the company highlighted that fourth quarter revenue was stable overall but weighed down by weaker sales in France, particularly in stores.

Recent data from the Banque de France pointed to a difficult consumer environment with sustained pressure on household spending and confidence levels. Despite this, Fnac Darty maintained an overall solid performance thanks to its diversified omnichannel model and an expanding service offering.

Strategic Business Moves and Reclassification

The company also announced that it is actively searching for a strategic partner for Nature & Découvertes, a unit that has struggled to regain growth despite recent initiatives. As a result, operations for this segment will be reclassified under IFRS 5 in the consolidated financial statements as of December 31, 2025.

Unieuro Integration Impact

Fnac Darty has taken into account the amortization of assets resulting from the Purchase Price Allocation (PPA) tied to the acquisition of Unieuro. This integration effort also contributed to the improved current operating margin for the year.

Tender Offer from EP Group

In conjunction with the results announcement, Fnac Darty disclosed that EP Group, controlled by business magnate Daniel Křetínský, has submitted a draft public tender offer to the company’s Board of Directors for all outstanding shares and OCEANEs of Fnac Darty.

The offer price is reported at €36 per share in cash, marking a significant premium compared to recent trading levels. Fnac Darty’s Board has welcomed the proposal and established an ad-hoc committee supported by independent financial experts to evaluate the offer.

Regional Performance Breakdown

According to the preliminary report, performance varied across geographies:

• France: Slight LFL revenue growth of +0.5%, but a weak Q4 impacted the overall results.
• Rest of Europe: Continued good momentum with slight revenue increase, particularly supported by strong operations in Italy.

Outlook and Next Steps

Fnac Darty confirmed that its full audited 2025 financial results will be published on February 25, 2026, after market close. These detailed accounts will provide a more comprehensive view of the company’s annual performance and will reflect final audited figures.

In the meantime, the company retains confidence in its strategic roadmap and operational plans, particularly the “Beyond everyday” initiative presented in June 2025, which aims to strengthen customer engagement and expand service offerings.

Investor Relations and Conference Call

Fnac Darty also announced a virtual investor and analyst presentation scheduled for January 26, 2026, including live translation into English. This webcast will discuss the preliminary results and provide additional context on strategic priorities for 2026 and beyond.

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