Underlying sales dynamic strengthens
Carrefour (BUY, TP EUR33 from EUR35) Click to open report Solid Q3 trading Q3 group sales rose by 1.1% to EUR21.78bn and by 3.2% like-for-like. In particular, […]
Carrefour (BUY, TP EUR33 from EUR35) Click to open report Solid Q3 trading Q3 group sales rose by 1.1% to EUR21.78bn and by 3.2% like-for-like. In particular, […]
Carrefour (BUY, TP EUR35) Q3 group sales rose by 3.6% to EUR21.78bn and by 3.2% like-for-like. In particular like for like sales in France improved […]
Overall strong Q1 Q1 group sales increased by 3.8% to EUR20.05bn with a like for like increase of 3.1%. This is the 4th consecutive year […]
Strong free cash flow generation (Full report) For FY 2015 Carrefour reported solid underlying margin improvement in core regions Europe and Latin America and China […]
Strong FCF generation Carrefour reported FY 2015 operating income up 7% to EUR 2.44bn, in-line with its previous guidance and up 11.5% on constant fx. […]
Q4 trading confirms growth trend Q4 gross sales rose by 4.1% to EUR22.43bn with organic sales up 2.4%. Like-for-like sales growth in France remained positive […]
Strong Q3 trading Group sales increased by 4.1% ex petrol to EUR21.5bn supported by a strong regional like for like performance. In France lcl sales […]
Carrefour (BUY, TP EUR35) Carrefour reported sales of EUR37.73bn with an organic growth of 2.9% as prenounced. EBIT adj. rose 13.5% to EUR 726 on […]
Carrefour (BUY, TP EUR35) Carrefour sales were out yesterday. Q2 sales increased by 5.5% to EUR21.36bn with like for like sales up 1.7%. The reassuring like […]
Carrefour (BUY, TP EUR35) Carrefour will report Q1 sales up 6.2% to EUR21bn, versus EUR20.8bn expected with organic growth ex petrol and calendar effect up 3.2% […]
Carrefour (BUY, TP EUR35) Carrefour reported Q1 trading on 10 April before market opening. We expect the solid underlying sales development to continue in Europe […]
Carrefour (BUY, TP EUR35) (click for file with full financials) We reiterate our BUY rating on Carrefour and raise our target price by EUR6 to […]
GDPR helps to ensure that private individuals have more control and information
on how their personal data will be published and processed.
Hammer Partners respects your privacy and is committed to protecting our clients’ personal data.
Therefore, prior to 25 May 2018 we updated our Privacy Policy to include additional information
to help you understand your right to privacy and how the law protects you under GDPR.
For any questions regarding this communication,
please email us at research@hammer-partners.com