Carrefour : No risk to the 2018 earnings release with regained leverage possible in 2019
>2018 earnings: a risk-free publication since the group's guidance was for current EBIT of € 1,930m - Carrefour will report its 2018 earnings before trading on Thursday 28 February. The group reassured a concerned market about the impact of the “yellow vest†crisis of end-2018, indicating when it reported its Q4 sales (21 January), that it was in a position to generate current EBIT of € 1,930m (-6.1% organic), overshooting the consensus expectations to date (€ 1,870m)...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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