CARREFOUR: FY 21 results: good set of figures and reassuring comments about 2022 | BUY Top Picks | EUR22 vs. EUR21
CARREFOUR - BUY Top Picks | EUR22 vs. EUR21FY 21 results: good set of figures and reassuring comments about 2022
Q4 sales 2% above expectations, driven by market share gains in France
FY EBIT broadly in line by FCF positively surprised
Heading towards a better 2022 year than feared
Buy Top Picks reiterated with EUR22 TP vs. EUR21
Carrefour is a distribution group based in France. Co. is engaged in retailing business, primarily in Europe (France, Belgium, Spain, Italy, Poland, and Romania); Asia (China, India, and Taiwan); and Latin America (Argentina and Brazil). Co. offers a variety of fresh produce, products from local suppliers and major-brand products. Co. operates Hypermarkets, Supermarkets, Convenience stores and Cash & Carry stores, as well as food and non-food e-commerce sites. Co. also offers services such as financial and insurance services, travel, entertainment, after-sales services, and leasing of commercial vehicles. As of Dec 31 2013 Co. operated 10,105 stores under its brand.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.