Fnac: Q1 sales of 1,668 million euros.

(CercleFinance.com) - Fnac's sales came in at 1,668 million euros over Q1 2017, leaping 104.
8% in reported terms.

Pro-forma sales were down -3.2% in real terms and at constant exchange rates.

Sales in France-Switzerland reached 1,300 million euros, down 3.6% at constant exchange rates. "In 2016 the strong growth of the television market mainly benefited Darty, which recorded a decline over the quarter. FNAC, which benefited less from this market, reported growth in sales," the group said.

Fnac Darty confirmed its annual target of 130 millions euros in synergies from 2018, of which at least half by end-2017" said the group.

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