Company Earnings Update 3 minutesRegister for Free AccessGroupe Casino (EPA:CO) 1H17 Results: Strong Growth in Revenues Lifts Full-Year Trading Profit Target Coresight Research July 28, 2017 Executive Summary Casino reported 1H17 revenues of €18,598 million, up by 9.7% from 1H16 and up by 3.1% on an organic basis, and slightly below the consensus estimate of €18,875 million. The EBITDA margin rose by 90 basis points to 4.4% and the operating margin returned to positive from (0.8)% in 1H16 to 1.0% in 1H17. Diluted EPS jumped 66.7% to €0.05, but was below the consensus estimate of €0.10. Casino raised its outlook for FY17, and now expects to achieve 15% growth in food retail trading profit in France andup to 20% growth in group trading profit. 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: Holiday 2024: US Holiday Retail Homestretch—Retail Resilience; Temu in Top 10; Positive Traffic TrendsApril 2023 US Housing Market Indicators: All Home Sales See Year-Over-Year DeclinesWeekly US and UK Store Openings and Closures Tracker 2023, Week 43: Z Gallerie Drives Additional US Store ClosuresUS CPG Sales Tracker: Food Drives Online CPG Growth to Mid-Teens Percentage
