Company Earnings UpdateCarrefour (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. 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: Unilever’s Exit from Food Pitches It Head to Head with Procter & Gamble in HPCJanuary 2025 US Retail Sales: Nearly All Sectors Report Mid-Single-Digit Sales GrowthQuantifying Tariff Impacts: What Retail Companies Reported in 4Q25—Data GraphicAnalyst Corner: Agentic AI Will Change Shopping and Selling, with John Harmon
