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CGUSY Casino Guichard Perrachon SA (CE)

0.10
0.00 (0.00%)
18 Jul 2024 - Closed
Delayed by 15 minutes
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

Casino 1Q Sales Rose; Confirms 2019 Targets

25/04/2019 5:29pm

Dow Jones News


Casino Guichard Perrachon (CE) (USOTC:CGUSY)
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From Jul 2019 to Jul 2024

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   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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