Casino: confirms all targets for 2019
(CercleFinance.com) - Casino reported Q1 2019 revenues that are up 4.
3% in organic terms at 8,853 million euros and up 3.0% on a same-store basis.
In France, total business volume increase by 0.8%. The Group's sales are flat on a same-store basis at 4,402 million euros. "This quarter saw growth in buoyant segments and rapid progress in the store base streamlining plan," the group said.
Sales in Latin America (Groupe Éxito and GPA Food) were up 6.0% on same-store basis and +11.4% organically this quarter. "Consolidated net sales were impacted by a currency and hyperinflation effect of -7.6%," management said.
"In light of the good progress of its action plans, the Group confirms all its annual objectives."
Copyright (c) 2019 CercleFinance.com. All rights reserved.
3% in organic terms at 8,853 million euros and up 3.0% on a same-store basis.
In France, total business volume increase by 0.8%. The Group's sales are flat on a same-store basis at 4,402 million euros. "This quarter saw growth in buoyant segments and rapid progress in the store base streamlining plan," the group said.
Sales in Latin America (Groupe Éxito and GPA Food) were up 6.0% on same-store basis and +11.4% organically this quarter. "Consolidated net sales were impacted by a currency and hyperinflation effect of -7.6%," management said.
"In light of the good progress of its action plans, the Group confirms all its annual objectives."
Copyright (c) 2019 CercleFinance.com. All rights reserved.