Casino : Q4 2018 sales slightly above our estimate. Guidance should be achieved despite the “yellow vests†impact (-€ 17m est. on EBIT)
>Q4 2018 sales slightly above our estimate by 0.5% - Consolidated sales of € 9,928m in Q4 2018 (vs € 9,810m est.), +0.2% on a reported basis, +3.6% l-f-l and 5.1% organic vs +4.6% est. Restated for the “yellow vests†effect, which has been estimated by the group at -€ 50m (vs -€ 45m on our reckoning), organic growth would have been 5.6% in line with previous quarters (+5.4% in Q3 and +5.2% in Q2). This performance was 0.5% above our forecast, notably due to Cdiscount ...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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