Resilient business in 2023
Current operating income in line with expectations at €171m
Free cash-flow from operations1 of €180m
2023 PERFORMANCE
- Revenue stable at nearly €8 billion
- Current operating income of €171 million, in line with consensus, reflecting tight control over margin and costs
- Consolidated net income, Group share of €50 million, following the final closure of Comet disposallitigation in favor of the Group
- Free cash-flow from operations1 of €180 million, in line with the objectives of the strategic plan
- 1.1 million French people have placed their trust in Darty Max
- Dividend of €0.45 proposed to the Annual General Meeting of May 29, 2024
STRATEGIC INITIATIVES ROLLED OUT IN 2023
- Weavenn, the creation ofa major player in the European e-commerce logistics and SaaS Marketplace
- Retail Link, the Group’s omnichannel retail media agency, ~€90m of revenue
- Roll-out of 2nd life products, ~€120m GMV (+30% vs 2022)
2024 OUTLOOK
At this stage, the Group remains attentive to the evolving macroeconomic situation
- Current operating income expected to be at least equal to that of 2023
- Cumulative free cash-flow from operations1 of €500 million for the period 2021-2024 confirmed 2021-2024
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