Carrefour : Q4 2019 sales preview: Year-end not very favourable to consumption in France, but we are confident on the 2019e results
>Q4 2019: sluggish, as in Q3, but the worst was avoided - Carrefour will report its Q4 2019 sales on Thursday, 23 January after the close. We forecast consolidated sales of € 21.6bn, -0.4% on a reported basis with a forex impact of -1.9%. Momentum on an organic basis (+2.1% est. in Q4 2019) should be close to that of Q3 (+1.8%), which underwent an upward sequential inflection (+3.3% on an organic basis in H1 2019). L-f-l: +2.1%e in Q4 vs +1.9% in Q3 2019. The im...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.