Casino Group communication
Casino Group communication
Paris, 28th January 2022,
In Q4 2021, the French food retail market conjuncturally declined at a higher rate than expected, by -3.7% at country level, and -5.6% in Ile de France1.
In this context, the Group adjusts its guidance announced on 4 November 2021 for its retail banner scope in France2 (“EBITDA growth for 2021”) and now expects a slight decrease in 2021 EBITDA on that perimeter of -1.7% to around €1,280m3 vs €1,304m in 2020.
Casino Group will disclose its Q4 trading and 2021 annual results on 25 February 2022.
Important Information
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Lionel BENCHIMOL – +33 (0)1 53 65 64 17
or
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1 Source IRI, Total PGC FI
2 France Retail excluding GreenYellow, real estate development and Vindémia (sold in June 2020), as communicated on page 3 of the press release issued on 4 November 2021. It is the only financial target confirmed in this previous press release
3 Provisional unaudited data
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