Company Earnings Update 2 minutesRegister for Free AccessCarrefour (ENXTPA: CA) 1H17 Results: Profits Fall, Warns of Impact on Full-Year Results and Lowers Sales Outlook Coresight Research September 1, 2017 Executive Summary Carrefour reported 1H17 net sales up by 6.2%, or a 3.2% increase at constant currency. The gross margin diminished by 34 basis points, SG&A expenses as a percentage of sales fell by 5 bps and the operating margin decreased by 32 bps. Carrefour warned that the full-year results will be impacted by its performance in 1H17. For FY17, the company aims to grow total sales by 2%–4%, expects capex to be between €2.2 billion and €2.3 billion, and looks to maintain free cash flow at the same level as 2016. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Weinswig’s Weekly: Understanding Amazon Fashion—Key Insights from Our Annual US Consumer SurveyWeb3 and the Supply Chain: Blockchain, Digital Twins and More—Insights Presented at Shoptalk 2023Weekly US and UK Store Openings and Closures Tracker 2023, Week 48: Wilko’s Loss Is Poundland’s GainWeekly US and UK Store Openings and Closures Tracker 2024, Week 16: 7-Eleven Announces Over 200 Store Openings and Closures