Markets

Carrefour Q1 Sales Up

(RTTNews) - Carrefour (CRERF.PK, CRRFY.PK, 0NPH.L) Tuesday reported that its first-quarter pre-IAS 29 sales totaled 19.45 billion euros, up 7.5% at constant exchange rates.

Sales were up 3.3% at current exchange rates. On a like-for-like basis, sales were up 7.8%.

CEO Alexandre Bompard said, "In a very atypical quarter, our sales were boosted in January and February by the success of strategic initiatives that we launched two years ago, then experienced a notable acceleration in March. They thus recorded sustained growth over the entire period and in all our regions."

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Latest Markets Videos

    RTTNews

    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More