Casino: Q3 sales down 2.4% at E8.9bn
(CercleFinance.com) - Q3 2018 sales reached 8.
9 billion euros, down 2.4% compared to the third quarter of 2017. This figure was impacted by an unfavourable currency effect of -7.6%.
Sales growth reached +5.4% in organic terms and was +3.3% like-for-like. Changes in the group's consolidation scope had a positive impact of +0.3%, while the impact of petrol sales also reached +0.3%. Finally, there was a negative calendar effect of -0.8%.
In France, total Q3 2018 sales amounted to 4,832 million euros, up 2.0% on an organic basis and up 1.9% on a comparable basis.
In light of performances seen to date and progress in the group's disposal plan, Casino confirmed all of its full-year targets.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
9 billion euros, down 2.4% compared to the third quarter of 2017. This figure was impacted by an unfavourable currency effect of -7.6%.
Sales growth reached +5.4% in organic terms and was +3.3% like-for-like. Changes in the group's consolidation scope had a positive impact of +0.3%, while the impact of petrol sales also reached +0.3%. Finally, there was a negative calendar effect of -0.8%.
In France, total Q3 2018 sales amounted to 4,832 million euros, up 2.0% on an organic basis and up 1.9% on a comparable basis.
In light of performances seen to date and progress in the group's disposal plan, Casino confirmed all of its full-year targets.
Copyright (c) 2018 CercleFinance.com. All rights reserved.