Company Earnings Update 5 minutesRegister for Free AccessCarrefour (ENXTPA: CA) FY18 Results: Earnings and Revenues Beat Estimates; 2022 Transformation Plan on Track Coresight Research March 1, 2019 Executive Summary Carrefour reported FY18 total sales of €77.9 billion, down 3.1% year over year, but up 3.3% at constant exchange rates, and above the consensus estimate of €76.6 billion by StreetAccount. The company reported adjusted net income of €802 million, down 11.2% year over year, but ahead of the StreetAccount consensus of €747.8 million. Carrefour raised its targets for cost reduction from €2.0 billion to €2.8 billion on an annual basis by 2020. 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: US CPG Sales Tracker: E-Commerce Growth Accelerates, But Not for BeautyShein’s “Supply Chain as a Service”: Reshaping Retail LogisticsRetailTech: Frictionless Check-In—Seamless Shopping Starts with Store Entry Through Biometrics and MoreUS Consumer Tracker: Focus on Financial Position and Security
