Company Earnings Update 3 minutesRegister for Free AccessGroupe Casino (EPA: CO) 4Q and FY17 Trading Update: LatAm Drives Full-Year Growth Yet Again, Soft Performance in France Coresight Research January 18, 2018 Executive Summary Groupe Casino reported FY17 sales growth of 5.0% to €37,822 million. Organic sales growth was 3.2% and comparable sales growth was 2.4%. In 4Q17, group sales contracted by 0.3% as reported, but grew by 3.2% on an organic basis. Comps were 2.0%. The company expects its full-year group trading profit to amount to €1,240 million, implying 20% growth. In France, Groupe Casino anticipates 10% growth in trading profit to €550 million, of which the real estate contribution is estimated to be €90 million, while the rest is from retail trade. 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: 4Q23 US Retail Inventory Insights: Inventory Turnover Ratios Grow Following the Holiday SeasonSingles’ Day Participation Analysis: China Consumer Survey InsightsShoptalk Europe 2023 Day Three: Retail Media and Technology Take Center StageAvoidance Up, Activities Down: China Consumer Tracker
