Fnac Darty announces its Q1 2023 Revenue

— Robust sales resilience amidst a challenging environment, with Q1 2023 revenue at €1,781 million, stable on a reported and like-for-like basis1 compared to Q1 2022

— Strong in-store performance driven by the editorial and diversification product categories and services

— Gross margin stable compared to Q1 2022, up 20 basis points excluding the impact of franchise

— Satisfactory first results from the roll-out of the energy consumption reduction plan

— Agreement signed to acquire 100% of MediaMarkt Portugal – a specialist in the distribution of electronic products and household appliances