Company Earnings Update 3 minutesRegister for Free AccessGroupe Casino (EPA: CO) FY17 Results: “Good Performances Across all Businesses,” Expects Further Growth in FY18 Coresight Research March 9, 2018 Executive Summary Groupe Casino announced 13.7% growth in EBITDA in FY17, yielding a 40-basis-point increase in the EBITDA margin to 5.1%. Operating income grew by 86%, representing a rise of 90 basis points in the margin to 2.0%. Adjusted EPS was €2.90, beating the €2.72 consensus estimate and up from €2.56 in FY16. In FY18, Groupe Casino expects organic growth in excess of 10% in group trading profit. It also expects to achieve over 10% organic growth in trading profit for its French food business. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: The Collapse of the Kroger-Albertsons Merger: Implications for the US Grocery and CPG MarketsFlipkart Big Billion Days 2023: Preview—Positive Consumer Sentiment and a Focus on Immersive ShoppingSeasonal Shopping, 2Q24—Expectations for Memorial Day, Mother’s Day, Father’s Day and Holiday 2024: US Consumer Survey Insights ExtraUS Grocery—Retail 2024 Sector Outlook: Growth To Soften Amid Declining Inflation
