Flash Report 3 minutesRegister for Free AccessGroupe Casino (EPA: CO) FY15 Results: Weak Sales, FX and Brazil Drag Down Results Coresight Research March 9, 2016 Executive Summary Groupe Casino reported FY15 diluted underlying EPS of €2.80, a decline of 35.5% and below the consensus estimate of €2.81. The company reported that revenue decreased by 4.8%, to €46.1 billion, slightly above the consensus estimate. EBIT decreased by 35.2%, to €1.4 billion, below the consensus estimate of €1.5 billion, while underlying net profit declined by 25.9%, to €412.0 million, beating consensus of €314.1 million. Groupe Casino’s results were primarily affected by the economic slowdown in Brazil and the impact of foreign exchange rates. In FY16, the company plans to undertake significant deleveraging to improve its profitability in France and in the e-commerce segment, and to consolidate its position in Latin America. 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: February 2024 US Retail Sales: Growth Accelerates—Electronics Stores Rebound; Nonstore Retailers See Strong GrowthWeekly US and UK Store Openings and Closures Tracker 2023, Week 50: VF Corporation Boosts US OpeningsUS CPG Sales Tracker: Health and Beauty Drives Online CPG Growth Up to Mid-Single-Digit PercentageWeinswig’s Weekly: There Go Amazon’s Private Labels!