Carrefour : H1 preview: difficult-to-read consensus, some indications
>Somewhat divergent estimates depending on the sources - Carrefour yesterday afternoon provided consensus figures, which are some way below that shown on the platforms (Visible Alpha and Bloomberg), and largely short of our own estimate.The consensus provided by Carrefour refers to the six 6 latest previews published by brokers (out of over 15 or so brokers covering the stock, nine with figures on Visible Alpha and four on Bloomberg for H1 2024).What...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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