Casino: FY sales up 5%
(CercleFinance.com) - Casino has announced FY 2017 sales of 37.
8 billion euros, up 5% (+3.2% in organic terms and +2.4% like-for-like), including 10 billion euros in Q4 (-0.3% as reported, +3.2% in organic terms and +2% like-for-like).
In Q4, comparable sales in France rose slightly (+0.3%), with food sales up 1.3%, while in Latin America, sales increased by 5.5% in organic terms.
The 2017 underlying operating income of the food retail group is expected to be around 1,240 million euros, up around 20%, and with a 550 million euro increase in France, meaning growth of around 10%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
8 billion euros, up 5% (+3.2% in organic terms and +2.4% like-for-like), including 10 billion euros in Q4 (-0.3% as reported, +3.2% in organic terms and +2% like-for-like).
In Q4, comparable sales in France rose slightly (+0.3%), with food sales up 1.3%, while in Latin America, sales increased by 5.5% in organic terms.
The 2017 underlying operating income of the food retail group is expected to be around 1,240 million euros, up around 20%, and with a 550 million euro increase in France, meaning growth of around 10%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.