Casino : Q1 2019 sales preview: complicated start in France, Brazil provides support
>Q1 2019 sales: +2.4%e LFL (vs +3.3% in Q4 2018) - Casino is due to report its Q1 2019 sales on Thursday 25 April, after market close. We are forecasting consolidated sales of € 8.7bn, -1.3%e on a reported basis integrating a forex effect of -3.9%e and a calendar effect of -1.5%e. Growth should stand at 3.8%e on an organic basis (vs 5.1% in Q4 2018 and 4.7% in 2018) and at +2.4%e LFL (vs +3.3% in Q4 2018 and +3% in 2018). As with Carrefour, Brazil should provide suppo...Casino Guichard-Perrachon is a food retailer based in France. Co. operates hypermarkets, supermarkets, discount stores, convenience stores and cafeterias. Co.'s stores are discount stores selling groceries and consumer goods, and providing services like financial and insurance services, real estate, and restaurants. Co. operates hypermarkets under the brand Geant Casino; urban and rural supermarkets under the brand Casino Supermarches; city-centre supermarkets under the brand Monoprix; convenience/national superettes under the brands Petit Casino, Vival and Spar; covenience-paris area stores under the brand Marche Franprix; and discount stores under the brand Leader Price.
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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