Carrefour hosted a promising ‘Digital Day’, which revealed an ambitious plan to achieve additional recurring operating income (ROI) of €600m by 2026. This amounts to c.27% of 2020 group’s performance. The four key pillars of this strategy are credible and backed by a proven track record of the top management. The key focus on food e-com and data monetisation are steps in the right direction. We maintain our bullish view on the stock’s valuation.
10 Nov 2021
Digital Day: a promising strategy, backed by time-tested leadership
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Digital Day: a promising strategy, backed by time-tested leadership
- Published:
10 Nov 2021 -
Author:
Nishant Choudhary -
Pages:
4
Carrefour hosted a promising ‘Digital Day’, which revealed an ambitious plan to achieve additional recurring operating income (ROI) of €600m by 2026. This amounts to c.27% of 2020 group’s performance. The four key pillars of this strategy are credible and backed by a proven track record of the top management. The key focus on food e-com and data monetisation are steps in the right direction. We maintain our bullish view on the stock’s valuation.