The forbidden market

Carrefour creates "The forbidden market",
a fight for food quality
and biodiversity

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#DidYouKnow Carrefour represents 374,478 employees worldwide in its 12 300 stores under group banners!… https://t.co/gieR52ByW6
1 h ago
01/17/2018
• 2017 : A difficult year overall - Slowing sales momentum in 2017: +1.6% LFL in the full year vs +3.0% in 2016 - Recurring operating income expected at around €2.00bn in the full year (non-audited estimate), down about -15% at current exchange rates - Free Cash Flow excluding exceptional items around €950m (non-audited estimate) vs. €1,039m in 2016 • An improved performance in the fourth quarter following an atypical third quarter   - Like-for-like growth of 1.9% in Q4, marking a sharp improvement over the previous quarter (+0.5% in Q3) and in line with the first half (+2.1% in H1); - Improved trends, notably in France (+ 1.5 % LFL in Q4 vs -0.9% in Q3), with: > more favorable momentum in all formats > successful Black Friday and year-end campaigns - Growth still weak in Brazil, impacted by food deflation • The Group’s transformation plan will be presented on January 23

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“Doing our job well” at Carrefour means provide high-quality products to our customers ; act and invest to limit the depletion of our natural resources ; guarantee the sustainability of our offer.

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