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4-Traders Homepage  >  Shares  >  Euronext Paris  >  Carrefour    CA

CARREFOUR (CA)

Delayed Quote. Delayed  - 08/04 03:13:01 am
31.515 EUR   -0.35%
07/31DJCarrefour Reports Sharp Decline in Profit -- Update
07/31DJCarrefour Reports Sharp Decline in Profit
07/31DJCarrefour Reports Sharp Decline in Profit
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CARREFOUR : 2012 Q4 and Full Year Sales

01/17/2013 | 02:06am US/Eastern
Sales growth in the fourth quarter and in 2012
Continued growth in emerging markets, notably Latin America, better quarter in France

Q4 2012 sales (inc. VAT): +0.8% to €22.9bn
Full-year 2012 sales (inc. VAT): +1.0% to €86.6bn

 Q4 2012 sales: €22.9bn, +0.8%, supported by Latin America and food sales. Fourth quarter also confirms the improvement in trends reported in France in the third quarter. Consumption in Southern Europe remains under pressure.

  • France: Sales up 0.6%, with a further improvement in trends in hypermarkets, sales growth in supermarkets and a solid performance in convenience. The figures benefit from an increase in fuel sales.

  • Europe (excluding France): Sales down 2.4%. The impact of the drop in consumption is significant this quarter in Southern Europe and Poland. Belgium continues to record solid growth. 

  • Latin America: Sales up 4.8% (+15.1% at constant exchange rates). Continued strong growth in Brazil.

  • Asia: Sales growth of 5.6% (-0.5% at constant exchange rates). In China, expansion continues and constant currency sales increased by 0.7%. Taiwan recorded lower sales in the quarter.

Full-year 2012 sales: €86.6bn, +1.0%. Emerging markets performed well, notably Latin America where sales increased by 4.8% (+12.2% at constant exchange rates).

2012 Recurring Operating Income: The Group is comfortable with the current median consensus which stands at around €2.07bn.

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