Flash Report 4 minutesRegister for Free AccessCarrefour (ENXTPA: CA) 1H16 Results: Group Sees Growth in Latin America, While Sales Weaken in France and China Coresight Research July 28, 2016 Executive Summary Carrefour reported net sales of €36.3 billion in 1H16, down 3.8% from 1H15 and missing the consensus estimate of €37.1 billion. At constant currency, sales grew by 2.2%. Recurring operating income fell by 3.0%, to €706 million, but beat the consensus estimate of €686.4 million. Adjusted net income (excluding nonrecurring items) edged up 0.9%, to €235 million, beating the consensus estimate, but reported net income for the group fell by 40.8%, to €129 million, missing the consensus estimate. Adjusted EPS was €0.32 for the period, unchanged from 1H15 but beating the consensus estimate of €0.26. 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: Weekly US and UK Store Openings and Closures Tracker 2023, Week 30: US Openings Up 7%Day Three at NRF 2024: Retail’s Big Show—Lessons from Macy’s, Shein, Temu and MoreHead-to-Head in UK Apparel Retailing: Boohoo vs. PrimarkChina Consumer Tracker: Multiple Categories Shift Toward E-Commerce, Away from In-Store Purchasing
