Casino Guichard-Perrachon's 4Q and Full-Year Sales Update Broadly In Line With Our Expectations
Casino reported fourth-quarter and fiscal year 2017 sales update broadly in line with our long-term forecasts. Although the company's estimate of the still-unaudited group trading profit slightly exceeds our 2017 forecast, we are making no changes to our EUR 52 fair value estimate and no-moat rating.For the full year, consolidated sales grew 5% on a reported basis with a 2.2% positive impact from currency translation. Group sales grew 2.4% on a same-store growth basis and 3.2% on an organic bas...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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