Report
Geoffroy Michalet

Carrefour : Franchise France, le ministère s’en mêle… risque opérationnel faible, mais le bruit sur le sujet ne semble pas près de s’arrêter. OC ajusté à 16.0 € vs 17.5 €

>Le ministère de l’économie s’intéresse de près aux litiges concernant la Franchise en France, et réclame 200 M€ d’amende contre Carrefour - Des articles de presse ont rendu public le fait que le ministère de l’économie en France a adressé à Carrefour et au tribunal de commerce un courrier (un rapport de 160 pages) demandant à Carrefour de revoir un grand nombre de ses clauses dans les contrats de franchise dans la proximité, et demande une amende de 200 M€ pour manqu...
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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