Ivry-sur-Seine, February 25, 2026, 5:45 p.m. CET LFL REVENUE1 UP +0.7% DRIVEN BY SERVICESGROSS MARGIN RATE INCREASE (+50 bps)2025 CURRENT OPERATING MARGIN OF 2.0%2PROPOSED DIVIDEND OF €1.00 PER SHARE3BEYOND EVERYDAY 2030 TARGETS CONFIRMED 2025 full-year revenue of €10,330m, up +0.7% LFL1 compared to 2024 restated2Online business up by nearly 6%, with a Click & Collect rate close to 50% Gross margin at 28.0%, up 50 basis points compared to 2024 restated2Current operating income of €203m, representing an ope ...

Core Insights - The company reported a solid performance in Q3 2025, with revenue increasing by +34.6% on a reported basis and +1.6% on a like-for-like (LFL) basis compared to Q3 2024, driven by strong growth in services and online sales [4][2][5] - The outlook for 2025 has been confirmed, with expectations for a comparable operating margin rate to increase by 15 basis points to 2.0% by December 31, 2025 [23][6] Financial Performance - Q3 2025 revenue reached €2,488.3 million, marking a +34.6% increase on a reported basis and a +1.6% increase on a like-for-like basis compared to Q3 2024 [4][5] - For the first nine months of 2025, revenue totaled €6,968.1 million, up +33.0% on a reported basis and +1.0% on a like-for-like basis compared to the same period in 2024 [5][6] - The gross margin rate increased by +50 basis points compared to the end of September 2024, primarily due to the growing contribution from services [5][6] Sales Channels - Online sales rose by +7.6% compared to the first nine months of 2024, representing 20% of the Group's total sales [6][8] - Omnichannel sales, particularly Click & Collect, also saw an increase during this period [6] Geographic Performance - In France, LFL revenue increased by +0.9% for the first nine months of 2025, with a dynamic third quarter showing +1.7% growth [12][15] - The Rest of Europe experienced a +1.0% increase in LFL revenue for the first nine months of 2025, with notable growth in Portugal (+6.5%) and Spain (+6.2%) [15][12] Product Categories - Services continued to show solid growth across most regions, while domestic appliances and consumer electronics faced mixed results [9][11] - The launch of the Switch 2 console contributed positively to editorial products, although book sales declined due to a sluggish market [10][11] Strategic Initiatives - The company is expanding its presence in Portugal with the launch of the Darty brand and plans to open over 30 stores by 2030 [14][15] - A new logistics and after-sales service platform has been inaugurated in France to enhance customer experience and support growth in subscriptions [18][19]