Report

Casino : Q2 2018e sales: decent, but still enhanced by the group’s price strategy in France which is at odds with sector trends

>Q2 2018e sales: no change to the trend vs Q1 2018 - Casino is due to publish Q2 2018 sales on Tuesday 17 July before trading (conference call at 8.30 a.m. CET). We forecast consolidated sales of € 8.775bn, -4.5% on a reported basis (forex effect estimated at -7% and calendar effect at -0.9%). The Q2 performance should be in line with that of Q1 2018, i.e. an estimated +1.6% l-f-l and +3.5% on an organic basis. France: a decent performance, still boosted ...
Underlying
Gateway Casinos & Entertainment

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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