Casino : Q4 2019e sales preview: LFL forecast virtually stable in France, but the stock market stakes for Casino remains the safeguard process for Rallye
>Q4 2019e sales: weak in France and resilient in LatAm - Casino is due to report its Q4 2019 sales on Thursday 16 January, after market close. We are forecasting consolidated sales of € 9.7bn in Q4 2019e, -2.5%e reported integrating a currency effect of -2.9%e. As in Q3 2019 (impact -1.3% consolidated), business is affected by the divestment/closure of loss-making stores in France (impact of -1.5% in Q4). In LFL, we are forecasting a further sequential slowdown in Q4 ...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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