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Carrefour sales match estimates as Europe revival takes hold
date:Apr 11, 2014
asted with a 7.6% decline in Italy. Sales gained 0.5% in Belgium.

Latin American same-store sales gained 10%, excluding currency swings, Carrefour said. In China, sales declined 4% on the same basis. Total revenue from emerging markets fell 9.2% to 5.52 billion as currencies declined against the euro. At constant exchange rates, sales from those countries rose 8.6%.

The quarterly performance shows pretty good control, John Kershaw, an analyst at Exane BNP Paribas, said by phone.

12/25 04:52