Carrefour: targets 2% to 4% sales growth in 2017.
(CercleFinance.com) - Carrefour's H1 gross sales reached 43,053 million euros, up 6.
2%.
Group organic growth reached +2.6%. Management says that the contribution from emerging countries remained solid at +6.4%, despite slowing inflation in several countries, and a rise of 1.1% in Europe, including France.
In Q2, sales growth reached +6.1% and was +2.8% like-for-like.
The group's underlying operating profit amounted to 621 million euros, while adjusted EBITDA reached 1,431 million euros, down slightly (-1.2% at current exchange rates (-7.0% at constant exchange rates).
Copyright (c) 2017 CercleFinance.com. All rights reserved.
2%.
Group organic growth reached +2.6%. Management says that the contribution from emerging countries remained solid at +6.4%, despite slowing inflation in several countries, and a rise of 1.1% in Europe, including France.
In Q2, sales growth reached +6.1% and was +2.8% like-for-like.
The group's underlying operating profit amounted to 621 million euros, while adjusted EBITDA reached 1,431 million euros, down slightly (-1.2% at current exchange rates (-7.0% at constant exchange rates).
Copyright (c) 2017 CercleFinance.com. All rights reserved.