Report
Geoffroy Michalet

Carrefour : A very disappointing performance on market share in September (P10)

>Carrefour continues to underperform - Kantar has published market share data in value terms for the P10 period from 2 September to 29 September: At first glance, Carrefour gained 130bp of market share, but this includes the effects of the acquisitions of Cora and Match. In real terms, excluding the contribution from Cora, Carrefour delivered a far less favourable performance.By format: Hypermarkets: Carrefour posted a +90bp gain, but this includes the cont...
Underlying
Carrefour SA

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.

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.

Analysts
Geoffroy Michalet

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