Flash ReportCarrefour (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Analyst Corner: The Labubu Craze—Revealing How Gens Z and Alpha Are Redefining Retail, with Charlie PoonJuly 2025 US Retail Sales Outlook: Projecting 3+% Growth To Continue Amid Mixed Economic SignalsSeasonal Shopping, 2Q25—Expectations for Easter, Memorial Day, Mother’s Day, Father’s Day; Plus, Holiday 2025 Plans: US Consumer Survey Insights ExtraDrugstore Decimation: Assessing Rite Aid’s Closures, and Which Competitors Stand To Gain
