Carrefour : H1 2019 preview: stability forecast for reported EBIT (+4.6%e on an organic basis)
>H1 2019e EBIT: stability forecast for reported EBIT, +4.6%e on an organic basis - Carrefour is due to report its H1 2019 results on Thursday, 25 July. For sales growth of 2.4%e on an organic basis in H1 (LFL +2.3%e, we are forecasting consolidated EBIT of € 605m; virtually stable on a reported basis vs H1 2018 (+1.3%) and growth of 4.6%e on an organic basis. This stagnation does not jeopardise the growth forecast for the full year (+7.4%e on both a reported and an or...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.
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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