Flash Report 4 minutesRegister for Free AccessCarrefour (EPA: CA) FY15 Results: Southern Europe and Latin America Strengthen Results Coresight Research March 10, 2016 Executive Summary Carrefour reported that net sales increased by 3.0% in FY15, to €76.9 billion, which was below the consensus estimate of €77.6 billion. Recurring operating income increased by 2.4%, to €2.4 billion, just below consensus. Adjusted net income also grew, by 7.1%, to €1.1 billion, slightly below consensus. Faster growth in Spain and Italy and the company’s performance in Latin America underpinned sales and profit growth. Carrefour plans to continue to expand its store network and e-commerce operations in FY16, and is allocating €2.5–€2.6 billion in capex in support of that expansion. 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: Retail-Related Activities Increase: China Consumer TrackerInnovator Profile: PSYKHE AI Accurately Predicts Purchasing Behavior Using Deep-Learning ModelsPrecision Pricing in Retail: AI-Driven Pricing Decisions for 2024 and BeyondBrand Influence, Customer Experiences, AI, Sustainability and Talent Matter: Insights from NextGen Commerce, a Coresight Research Conference