France’s FNAC, Darty expects half-year operating loss due to COVID-19


June 17 (Reuters) – the French retailer FNAC Darty said on Wednesday it expected to post a loss in the income base at the end of June, the COVID-19 pandemic weighed on its performance.The company expects its first half, current operating income decline of $ 100 million to € 120 million ($112 million -135 million) as compared to the 2019 figure of 46 million euros.

FNAC, Darty added that it estimated a loss of revenue related to the sars coronavirus crisis to about € 400 million at the end of May. ($1 = 0.8916 euros) (Reporting by Charles Regnier)

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