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: Mixed Signals—Economic Optimism Continues But Consumers Feel the Strain on Personal Finances: China Consumer Survey InsightsHigh Hopes—Heightened Economic Optimism Entering the New Year: US Consumer Survey InsightsMass Merchandiser and Warehouse Club Shopping in Focus—Walmart Leads; High Purchase Rates for Daily Essentials: US Consumer Survey InsightsAnalyst Corner—Location, Location, Location: US Regional Shopping Trends with Aditya Kaushik
