Casino: sales forecasts from analyst.

(CercleFinance.com) - Casino will publish its Q1 2017 results before the market opens on 18 April.


Oddo analysts expect consolidated sales of 9,230 million euros, up 10.6%, including a positive FX impact of 9.4%.

Their research department also expects sales in France to reach 4,480 million euros in Q1 2017, down 1.5%. However, the broker expects sales of 4,280 million euros for Latam retail, up +28.2%.

"In our opinion, the consensus' 2017 expectations are a bit optimistic (we expect 4.7% less in terms of Ebit)" Oddo said.


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