Carrefour 1st Half Net Loss Narrows; Confirms Transformation Targets
25 Juillet 2019 - 06:30PM
Dow Jones News
By Anthony Shevlin
Carrefour SA (CA.FR) said Thursday that its net loss in the
first half narrowed and backed its 2022 transformation targets.
The French retailer said its net loss in the first half was 458
million euros ($510.3 million) compared with a net loss of EUR861
million the year prior.
Sales for the first half were EUR34.89 billion.
Second-quarter sales were EUR20.06 billion and sales in its
domestic market of France rose on a like-for-like basis to EUR9.72
billion
Carrefour confirmed its 2022 transformation targets.
Write to Anthony Shevlin at anthony.shevlin@dowjones.com;
@anthony_shevlin
(END) Dow Jones Newswires
July 25, 2019 12:15 ET (16:15 GMT)
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