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Fnac Darty unveils Beyond everyday, its 2030 strategic plan, to accelerate the rollout of its pioneering model on the European market
Globenewswire· 2025-06-11 05:00
Core Insights - Fnac Darty has launched its 2030 strategic plan, "Beyond everyday," aimed at accelerating its innovative model across the European market [1][3] - The company aims to build on the success of its previous "Everyday" plan, focusing on omnichannel and service-based growth while emphasizing sustainability [2][4] Strategic Objectives - The new plan includes three strategic pillars: becoming a benchmark for high-value-added products, setting market standards for customer experience, and leveraging expertise for partners [6][10] - Specific targets for 2025-2030 include nearly 4 million subscribers, an operating margin over 3%, and cumulative free cash flow exceeding €1.2 billion [6][15] Sustainability and Innovation - Fnac Darty is committed to increasing the number of repaired products from 2.6 million to 3.5 million by 2030 and aims for a 50% reduction in direct CO₂ emissions by 2030 compared to 2019 [12][20] - The company plans to enhance its subscription-based services and expand into new sectors, including energy, to better assist customers in their daily lives [7][8] Customer Experience and Market Positioning - The company aims to integrate physical and digital sales experiences to enhance customer retention and loyalty [9] - Fnac Darty plans to renovate over 200 stores and open 150 new ones, reinforcing its market presence and customer engagement [13] Financial Targets and Shareholder Value - The revised dividend policy includes a payout rate of at least 40% and a minimum dividend of €1 per share per year [6][15] - The company expects to maintain a debt ratio of 1.5x and prioritize financing for organic growth while considering M&A opportunities [15]