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Casino : We anticipate decent Q3 sales, bearing in mind that the group is ahead of schedule on its divestment plan

>Preview of Q3 2018 sales: in line with Q2 2018 - Casino is due to publish Q3 2018 sales on Tuesday 18 October before the market opens. We forecast consolidated sales of € 8.9bn, -2.6%e on a reported basis with a forex impact of -7.8%e. We forecast organic growth excluding petrol and the calendar effect of +5%e (similar to that of Q2: +5.2%) and an estimated +3% l-f-l (vs +3.2% in Q2).France: a good summer but a disappointing back to school f...
Underlying
Casino Guichard-Perrachon SA

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.

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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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