By Olivia Bugault 
 

Casino Guichard-Perrachon SA (CO.FR) said Thursday that fourth-quarter sales rose, helped by a strong performance in Latin America.

The French retailer said total sales for the three months ended Dec. 31 were up 5.1% to 9.9 billion euros ($11.27 billion) on an organic basis compared with the same period last year.

Organic retail sales in France edged up 0.2% to EUR4.9 billion, a slowdown mainly due to the yellow-vest protests that have hit retailers since November. In Latin America, total sales growth rose 10% to EUR4.4 billion, Casino said.

Its full-year 2018 organic sales were EUR36.6 billion, up 4.7% in total compared with 2017, it said.

 

Write to Olivia Bugault at olivia.bugault@dowjones.com

 

(END) Dow Jones Newswires

January 17, 2019 12:16 ET (17:16 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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