Member access

4-Traders Homepage  >  Shares  >  Euronext Paris  >  Carrefour    CA   FR0000120172

CARREFOUR (CA)

2318
Real-time Quote. Real-time Tradegate - 05/26 04:02:18 pm
31.606 EUR   -0.61%
05/22 CARREFOUR : Acquires Galleries Alkoholi from Belvedere
05/22 CARREFOUR : opened a new store
05/22 CARREFOUR : Romania - Carrefour opens the 10th hypermarket in Buchar..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

CARREFOUR : Q1 2012 Sales

04/12/2012 | 02:53am US/Eastern

Carrefour Q1 2012 sales up 1.5% to €22.5bn
Resilience in food, continued weakness in non-food spending

Q1 2012 sales (inc. VAT) of €22.5bn, +0.9%*, (+1.5% including petrol and at current exchange rates) supported by overall growth in emerging markets and a positive calendar effect in most geographies; food is generally resilient while non-food, notably in Southern Europe, remains affected by difficult macro-economic conditions

- France: Sales -0.5%* partly reflecting the anticipated short-term effects of new commercial mix; further enrichment of our Carrefour product offer; Drive roll-out underway with 58 units at end Q1

- Europe (ex. France): Sales -2.7%* with continued weak non-food spending; further deterioration in Greece

- Latin America: Sales +10.0%* driven by continuing progress in hypermarkets in Brazil and outperformance at Atacadao

- Asia: Sales -0.3%* reflecting unchanged trading conditions in China; steady growth in Indonesia

* at constant exchange rates, ex-petrol

Lars Olofsson, Chairman and CEO of Carrefour, declared:
"Carrefour registered slightly higher reported sales in the first quarter, supported by continued growth in emerging markets. In France, our sales performance reflects the new commercial mix that we are implementing to regain consistent price competitiveness. Southern Europe's performance continued to be impacted by lower non-food spending, but this was largely offset by a very satisfying performance in Latin America, particularly in Brazil. The trends we observed this quarter and the persistently difficult trading environment confirm our determination to pursue the execution of our Reset plan in France, focus on cash and cost efficiency, further extend our Carrefour-branded product offer and continue expanding in emerging markets."

distributed by
React to this article
Latest news on CARREFOUR
05/22 CARREFOUR : Acquires Galleries Alkoholi from Belvedere
05/22 CARREFOUR : opened a new store
05/22 CARREFOUR : Romania - Carrefour opens the 10th hypermarket in Bucharest and the ..
05/18 German retailer Aldi wants to follow rivals into Italy
05/07 Retailer Metro to lift spending as targets faster growth
05/05 CARREFOUR : lauched an electric shuttle bus !
05/02 CARREFOUR : tests the first shopping list on a smartwatch
05/02 CARREFOUR : 2014 Full Year Results
04/29 Galeries Lafayette owner eyes two Carrefour board seats - source
04/29 Wal-Mart to expand China store network by nearly a third after growth stalls
Advertisement
Chart
Duration : Period :
Carrefour Technical Analysis Chart | CA | FR0000120172 | 4-Traders
Income Statement Evolution
More Financials