Casino: Q1 sales down 3.8%
(CercleFinance.com) - Casino has posted Q1 2018 sales of 8.
9 billion euros, down 3.8% in all. Excluding petrol and calendar effects, sales growth reached 3.1% in organic terms and +1.8% in comparable terms.
In France, the group's sales increased +1.3% in organic terms and were up +1.3% in comparable terms, with +2.2% in food.
Its subsidiary Cdiscount reported revenues that were up +5.1% in organic terms.
Sales in Latin America (Groupe Exito and GPA Food) are up +4.9% in organic terms and +1.9% in comparable terms over the quarter, in the context of a slowdown in food inflation.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
9 billion euros, down 3.8% in all. Excluding petrol and calendar effects, sales growth reached 3.1% in organic terms and +1.8% in comparable terms.
In France, the group's sales increased +1.3% in organic terms and were up +1.3% in comparable terms, with +2.2% in food.
Its subsidiary Cdiscount reported revenues that were up +5.1% in organic terms.
Sales in Latin America (Groupe Exito and GPA Food) are up +4.9% in organic terms and +1.9% in comparable terms over the quarter, in the context of a slowdown in food inflation.
Copyright (c) 2018 CercleFinance.com. All rights reserved.