Q1 16 sales (with the Asian asset disposal accounted under discontinued operations) reached €9,707m vs. €10,807m in Q4 15. Q1 sales displayed -0.7% same store growth, affected by negative sales momentum in LatAm Electronics and an underperforming E-commerce business. Q1 was also impacted by a negative foreign exchange effect of -14.3%, in part offset by a positive scope effect of +0.9%. The improving French Non-food business and LatAm Food operations moderated the downward trend in
