Carrefour: confirms targets for FY 2024

(CercleFinance.com) - Sales including VAT rose by +13.
5% on a comparable basis (LFL) in Q1 2024. They totaled E22,156m pre-IAS 29, up +12.1% at constant exchange rates. Total sales growth at current exchange rates was +0.4%.

In France, sales were down slightly by -0.4% LFL, reflecting +0.4% LFL growth in food, while non-food sales were down by -7.5% LFL. In Europe, sales were stable overall (-0.2% LFL).

In LatAm, sales rose 48% LFL. In Brazil, sales were up +1.3% LFL (after -2.2% LFL in Q4),

Carrefour confirms its financial targets for FY 2024: growth in EBITDA and Recurring Operating Income; Net Free Cash Flow in line with the trajectory of the Carrefour 2026 plan.


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