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? 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: Is Shein’s Fashion Model a Template for Environmental Sustainability? with John MercerInnovator Profile: RetailReady—Transforming Retail Compliance with AI and Computer VisionAnalyst Corner: Constrained Consumers Could Soon “Get to the Goods” Again—Evolving In-Store Loss Prevention, with John HarmonInnovator Profile: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet Passes
