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Name | Symbol | Market | Type |
---|---|---|---|
Casino Guichard Perrachon SA (CE) | USOTC:CGUSY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.10 | 0.00 | 01:00:00 |
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.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
April 25, 2019 12:14 ET (16:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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