Carrefour: FY adjusted net income up 18%
(CercleFinance.com) - Carrefour has announced adjusted net income, group share of 1.
01 billion euros for 2020, up 17.9%, with an underlying operating margin that has improved by 0.2 point to 3.1%, for sales of 78.61 billion euros, up 7.8% on a comparable basis.
After almost 10 years of a stock dividend options, the French food retailer is normalising its dividend policy and will propose 0.48 euro per share for 2020. It says that the ordinary dividend, in cash, is set to grow steadily.
Confident in its model of sustainable and profitable growth, Carrefour has announced its target of generating annual net free cash flow in excess of 1 billion euros from 2021, after the payment of exceptional expenses.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
01 billion euros for 2020, up 17.9%, with an underlying operating margin that has improved by 0.2 point to 3.1%, for sales of 78.61 billion euros, up 7.8% on a comparable basis.
After almost 10 years of a stock dividend options, the French food retailer is normalising its dividend policy and will propose 0.48 euro per share for 2020. It says that the ordinary dividend, in cash, is set to grow steadily.
Confident in its model of sustainable and profitable growth, Carrefour has announced its target of generating annual net free cash flow in excess of 1 billion euros from 2021, after the payment of exceptional expenses.
Copyright (c) 2021 CercleFinance.com. All rights reserved.