Casino : Q3 earnings: sales still down, very weak on the margin and cash generation...pending the strategic plan on 14 November...

>Sales down 1.8% l-f-l: momentum still tough - For its Q3, Casino reported sales of € 2.1bn, down 5.1% on a reported basis, of which -1.8% l-f-l Despite a slight sequential improvement l-f-l (Q2 -3.1%), the quarter remains negative, also impact by an unfavourable scope effect (network -3%).Convenience brands posted a decline of 0.7% (vs -0.5% in Q2) while Carrefour convenience is at +1.5% l-f-l (and growing).In detail, l-f-l growth stands at 0.9% for Monopr...