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Carrefour : Ventes du T3 2019 : ralentissement séquentiel en ligne avec les attentes. Attentes du consensus jugées « cohérentes » par le groupe.

>Ventes du T3 2019 : ralentissement séquentiel en ligne avec les attentes - Ventes du T3 2019 : 20.2 Md€ (avant IAS 29), +0.7% en déclaré, en ligne avec nos attentes et celles du consensus. Organique : +2.2% vs +1.8%e, en ralentissement par rapport au T2 2019 (+3.2%). LFL +2.3% vs +3.4% au T2 2019, mais en ligne avec notre estimation de +1.9%e. Comme escompté, le groupe est pénalisé par des bases de comparaison (le T3 2018) élevées notamment en France (+1.6%), où l’ét...
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.

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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.

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