Fnac Darty Q1 Revenue Up 0.9% LFL with 10-Basis-Point Margin Gain, EP Group Bid Approved
Fnac Darty posted Q1 2026 revenue of €2,310 million, up 0.9% like-for-like, with gross margin rising 10 basis points thanks to strength outside France and online sales. EP Group’s takeover bid won unanimous board approval and French investment clearance, with the offer opening in Q2 and closing in H2.
1. Q1 2026 Financial Performance
Fnac Darty generated Q1 2026 revenue of €2,310 million, marking a 0.9% increase on a like-for-like basis compared with Q1 2025. The gross margin rate climbed by 10 basis points, driven by strong growth in European markets outside France and a surge in online sales.
2. EP Group Takeover Bid Details
EP Group’s proposed takeover bid received a favourable and unanimous reasoned opinion from the Board of Directors on March 9, 2026, and secured French investment control authorization on March 26. The draft response was filed on March 10, with the offer set to open in Q2 and close in H2 2026.
3. Share Capital and Voting Rights Update
As of April 22, 2026, the company’s share capital comprised 29,682,146 shares and gross voting rights, with net voting rights at 29,107,842 after deduction of non-voting shares. Under Article 9 of the Articles of Association, any holder crossing 3% or multiples thereof must notify the company.