Casino Guichard Perrachon (EU:CO)
Graphique Historique de l'Action
6 Mois : De Avr 2019 à Oct 2019
By Sarah Sloat
France's Casino Guichard-Perrachon SA (CO.FR) on Thursday confirmed its 2019 targets and said sales rose in the first quarter.
Sales in the quarter rose 4.3% on an organic basis to 8.85 billion euros ($9.90 billion). On a same-store basis they were up 3.0%, the retail group said.
In Latin America, Casino noted strong growth especially in Brazil, where sales rose 14% on an organic basis. In France, consolidated sales were stable on a same-store basis.
Casino said it is making progress on its plan for the disposal and closure of loss-making stores in France.
"In light of the good progress of its action plans, the group confirms all its annual objectives," the company said.
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(END) Dow Jones Newswires
April 25, 2019 12:14 ET (16:14 GMT)
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