Company Earnings UpdateGroupe Casino (EPA: CO) 4Q and FY16 Trading Update: LatAm Business Drives Sales Growth Coresight Research January 18, 2017 Executive Summary Groupe Casino reported FY16 revenues of €36,030 million, up 2.0% from the previous year and up 5.7% on an organic basis. Comps grew by 3.8%. In FY16, French sales grew by 0.3% (+0.8% organic growth) and French comps grew by 0.3%. In Latin America, sales grew 3.6% (+11.4% organic growth) and comps grew 6.6%. E-commerce sales grew 7.9% (+8.8% organic growth) and comps grew 9.5%. Casino estimates the unaudited FY16 trading profit in France amounts to slightly over €500 million. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Seasonal Shopping, 1Q25—Expectations for Valentine’s Day and Presidents’ Day: US Consumer Survey Insights ExtraConsumer Sentiment Improves Entering the New Year: US Consumer Survey InsightsRetail-Tech Landscape: MarTechAnalyst Corner: Can Technology Adoption Decelerate the Store Closure Trend? Three Recommendations from Manik Bhatia
