Fnac Darty reports revenue growth of 0.7% to €7.35 billion (excluding the Netherlands) for 2019, with "exceptional events" and ongoing protests such as those by the yellow vest movement affecting holiday revenues.
In total, the retailer says protests taking place both on Q1 and Q4 2019 resulted in a loss in revenues worth €70 million. France and Switzerland see turnover rise by 3.4%, but operational margin is down to 4.3% as the aforementioned protests offset the successful integration of Nature & Découvertes. Belgium and Luxembourg turnover is up by 03% to €596m, a -0.4% drop on comparable base. Operational margins are also down in the region, from 2.5% to 1.9%.
