Carrefour released Q1 16 sales including VAT, of €20,053m vs. €21,005m in 2015. On a lfl basis, revenues excluding petrol and calendar effect were up by 3.1% driven by international operations while the local market was almost stable (convenience stores witnessed the most significant increase of 1.1%). Currencies and petrol prices had unfavourable impacts of 6.9% and 1.2% respectively. The calendar effect was +0.6%. All European countries displayed positive sales momentum. In LatAm,

15 Apr 2016
European countries stand out

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European countries stand out
Carrefour SA (CARR:WBO) | 0 0 1.4% | Mkt Cap: 15,102m
- Published:
15 Apr 2016 -
Author:
Ranya GNABA - Pages:
-
Carrefour released Q1 16 sales including VAT, of €20,053m vs. €21,005m in 2015. On a lfl basis, revenues excluding petrol and calendar effect were up by 3.1% driven by international operations while the local market was almost stable (convenience stores witnessed the most significant increase of 1.1%). Currencies and petrol prices had unfavourable impacts of 6.9% and 1.2% respectively. The calendar effect was +0.6%. All European countries displayed positive sales momentum. In LatAm,