Groupe Casino Q2 2016: Group organic growth of +3.8%; market share gains in France

Paris, France, 2016-Jul-16 — /EPR Retail News/ —

In France, sales up +1.2% on an organic basis and +0.2% on a same-store basis

  • Géant Casino: +2.2%(1) growth (same-store and organic) and ongoing gains in market share
  • Leader Price: sales up +1.7% on an organic basis and +1.1% on a same-store basis
  • Supermarchés Casino: organic growth of +3.1% and same-store growth of +1.2%, and market share gains

In Latin America, food sales up +11.8% on an organic basis

  • Exito (excluding Brazil): acceleration in organic and same-store growth, led by good performances in Colombia, Uruguay and Argentina
  • GPA Food: sequential improvement in activity with organic growth of +11.4% and same-store growth of +6.3%
  • Via Varejo: positive sales on an organic basis (+0.3%) and same-store basis (+2.6%) after four consecutive quarters of declining revenues

E-commerce:

  • Cdiscount: organic growth of +10.6% and gross merchandise volume up +12.6%
  • Cnova Brazil: sharp decline in activity considering the high basis of comparison in Q2 2015 and the economic slowdown in Brazil

“Full results”  http://www.groupe-casino.fr/en/wp-content/uploads/sites/2/2016/07/2016-13-07-PR-Q2-2016-Sales_v2.pdf

ANALYST AND INVESTOR CONTACTS:

Régine Gaggioli
Tel: +33 (0)1 53 65 64 17
rgaggioli@groupe-casino.fr
+33 (0)1 53 65 24 17
IR_casino@groupe-casino.fr

PRESS CONTACTS
Casino
Tél : +33 (0)1 53 65 24 78
Directiondelacommunication@groupe-casino.fr

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Grégoire Lucas
Tél : +33 (0)1 53 70 74 84
Mob : +33 (0)6 71 60 02 02
glucas@image7.fr

Source: Casino group