Carrefour : Preview ventes du T4 2019e : fin d’année peu propice à la consommation en France, mais nous sommes confiants sur les résultats 2019e
>T4 2019 : mou, comme au T3, mais le pire a été évité - Carrefour publiera ses ventes du T4 2019, le jeudi 23 janvier après le marché. Nous tablons sur un CA consolidé de 21.6 Md€, -0.4% en déclaré avec un effet change de -1.9%. La dynamique en organique (+2.1%e) devrait être proche de celle du T3 (+1.8%), qui avait subi un infléchissement séquentiel (+3.3% en organique au S1 2019). LFL : +2.1%e également au T4 vs +1.9% au T3 2019. La mise en œuvre du plan straté...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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