Disappointing Q4 figures with Casino announcing a 2.7% fall (lfl) to €11.793bn. Only the French market and the LatAm food retail business posted positive albeit modest growth. However, Electronic sales suffered from a marked deterioration in the Brazilian environment with the reduction in discretionary spending.
15 Jan 2016
Attacks from the inside
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Attacks from the inside
Casino, Guichard-Perrachon SA (CO:PAR) | 0 0 0.8% | Mkt Cap: 5,066m
- Published:
15 Jan 2016 -
Author:
Ranya GNABA -
Pages:
2
Disappointing Q4 figures with Casino announcing a 2.7% fall (lfl) to €11.793bn. Only the French market and the LatAm food retail business posted positive albeit modest growth. However, Electronic sales suffered from a marked deterioration in the Brazilian environment with the reduction in discretionary spending.