Report
Geoffroy Michalet

Carrefour : Preview T3 – Brésil sous pression, résilience en France et en Europe. ROI 2023 ajusté de c.5% à la baisse

>Ventes du T3 2023 : 6.2%e en LFL vs 10.3% au T2 2023 - Carrefour publiera son CA T3 le mercredi 25/10 après Bourse. Nous tablons sur un CA T3 en hausse de 6.2% en LFL qui devrait sortir en décélération séquentielle par rapport au T2 (10.3% en LFL). Le trimestre sera sans surprise marqué par une poursuite de la décélération de l’inflation alimentaire et un effet volume toujours sous pression (plus fort encore sur le non-alimentaire). Le FX devrait être défavorable à ...
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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