Carrefour's profit soared in the first half of 2015

Carrefour's profit soared in the first half of 2015

French supermarket chain Carrefour has made a significantly bigger profit in the first half of 2015 compared to the year before, with particularly its South American business performing very well.

Growth in Europe

In the first 6 months of 2015, the group's total turnover reached 37.7 billion euro, up 5.2 % from last year. On a like-for-like basis, turnover grew 2.9 %, while net profit soared 17.5 % to 233 million euro.

 

European like-for-like turnover grew 1.3 %: (home territory) France's turnover grew 1.8 %, while the like-for-like turnover growth elsewhere in Europe reached 0.3 %. All countries contributed to the growth, but particularly Spain and Italy excelled. 

 

The largest growth is once again for its South American operations as turnover spiked 12.4 % and 15.5 % on a like-for-like basis. Asian turnover also grew 9.3 %, but like-for-like turnover dropped 9.7 %, partly because of slower economic growth in China. Carrefour is now working on a long-term strategy that should help improve local turnover.

Questions or comments? Please feel free to contact the editors


EuroCommerce: protectionism, Europe’s greatest challenge

15/09/2017

(Content provided by EuroCommerce) According to EuroCommerce Director-General Christian Verschueren, the sector faces many challenges due to a rising tide of protectionism worldwide and within Europe.

Last ten days for cheaper tickets Shoptalk Europe

14/09/2017

(advertorial) Shoptalk Europe (8-11 October in Copenhagen) is the new event for retail and ecommerce innovation. It covers transformational trends, technologies and business models reshaping how consumers discover and shop in an age of digital disruption.

"EU has to define eCommerce's boundaries better"

13/09/2017

Dutch European Parliament member Marietje Schaak feels the European Commission should create a better framework for digital trade in and with European member states. Otherwise, major internet companies will decide the standards themselves, she fears.

Europe wants legal framework for franchisees

13/09/2017

The European Parliament has accepted the “The functioning of franchising in the retail sector” study, which lists several solutions to strengthen a franchisee’s position.

Google appeals European fine after all

12/09/2017

Despite earlier indications that Google would just alter its Google Shopping approach to comply with European legislation, it has now decided to appeal the monster fine.

Experience the future of retail at Paris Retail Week

12/09/2017

(Advertorial) If you want to spot the latest retail trends, go to visit the Paris Retail Week, from 19 until 21 September. It is a trade show, network event and knowledge center with more than 200 freely accessible conferences, keynotes, info sessions and workshops.

Back to top