Latest Intelligence on Electricals and Electronics in France

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Type Product title / description Pub Price
CommentWire
CommentWire

Carrefour: beauty contest with Tesco

Published By Datamonitor
07 Dec 2000
CommentWire
CommentWire

DSGi: compelling case to close French stores

DSGi's French PC City stores have failed to live up to expectations and have been a drag on group profits. Closing these stores would allow the retailer to cut its losses in the highly challenging French market, freeing up cash to help build crucial scale in Eastern Europe and its lucrative Nordic territory.

Published By Datamonitor
23 Feb 2007
CommentWire
CommentWire

DSGi: Eldorado no longer an option

After assessing the economic and political risks of entering the Russian retail market, DSGi has shelved plans to exercise its option to buy 10% of Russian retailer Eldorado. In light of the mixed trading performance that DSGi is currently experiencing across its European operations, exposing itself to a potentially risky acquisition could have proven to be a step too far for the retailer.

Published By Datamonitor
21 Jun 2007
CommentWire
CommentWire

Fnac: reportedly considering UK entry

Fnac, the French entertainment and electrical goods retailer, is reportedly looking to open stores in the UK, and is searching for a potential central London location. The UK is an extremely competitive market and Fnac already has fledgling operations in a number of other countries; therefore, at this stage in the company's development, this is a questionable risk.

Published By Datamonitor
07 Mar 2008
CommentWire
CommentWire

Kesa Electricals: bracing itself for the future

Kesa's revenue grew by 14.0% to GBP4.5 billion in the year to April 31, 2008, while retail profit reached GBP141.3 million, an increase of 3.1% on 2007. Although Kesa is tightening operating costs and reducing capital investment as it prepares for tougher market conditions, it must continue to enhance and expand its brands, or risk losing market share.

Published By Datamonitor
26 Jun 2008
Expert View
Expert View

Kesa Electricals: surviving in a challenging market

Kesa saw like-for-like sales fall by 6.1% in the 12 months to April 30, 2009, while total sales increased by 8.3%. Effective cost control and a strong balance sheet will help the retailer to weather the storm, but Kesa must not neglect its core offer and long-term growth opportunities.

Published By Datamonitor
14 May 2009
CommentWire
CommentWire

Kesa: beginning of Comet slowdown?

All Kesa's operating divisions performed well over the period between February 1 and July 18, though UK-based Comet lagged both Darty and BUT in terms of sales growth. Furthermore, the UK market is likely to soften during the coming months, which may cause Comet to drag down the group's performance for the year.

Published By Datamonitor
27 Jul 2007
CommentWire
CommentWire

Kesa: BUT divestment raises expansion opportunities

As the European electricals market turns to consolidation and rivals DSGi and Metro ramp-up their expansion, Kesa is at risk of being left behind. The opportunity to divest BUT, its non-core French furniture operation, could raise the finance Kesa needs to accelerate its expansion, particularly in under-developed markets, and mount a greater challenge to larger rivals.

Published By Datamonitor
03 Jul 2007
CommentWire
CommentWire

Kesa: challenges ahead for European electricals specialist

European electricals specialist Kesa has reported a better than expected rise in turnover, which was up 10.5% to GBP4.3 billion (and by 3.0% on a like-for-like basis) for the year to January 31, 2008. However, start-up costs on new ventures meant that profits improved only marginally. In addition, while the business is fundamentally in good shape, future top line growth will be harder to achieve.

Published By Datamonitor
19 Mar 2008
Expert View
Expert View

Kesa: sales improvements driven by Darty

Electricals retailer Kesa has seen solid revenue growth in H1, with an uplift in both retail profits and margins. While Darty remains the strongest performer of the group, its Comet brand continues to flounder. Consequently, Kesa has accelerated the rollout of the Darty concept across its European stores, and is investing the bulk of its capital expenditure in further boosting the brand.

Published By Datamonitor
13 Dec 2010

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