3 minutes

Casino Group (ENXTPA: CO) 3Q19 Update: Progress Toward Targets but France Proves Flat

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
John Mercer, Head of Global Research and Managing Director of Data-Driven Research
Company Earnings Update

Executive Summary

  • Latin America propelled Casino Group’s third-quarter sales, as French same-store sales proved broadly flat.
  • The company reported progress toward its 2021 targets in e-commerce and sales of organic products.
  • Store disposals continued, with 17 hypermarkets in France sold year to date.

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