Casino 4Q Organic Sales Rose on Strong Latin America Performance
17 Janvier 2019 - 6:31PM
Dow Jones News
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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