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Carrefour 1Q Rev. In Line With Ests., Spain Sales Rise 2014-04-10 05:30:19.754 GMT
By Heather Burke April 10 (Bloomberg) -- Carrefour 1Q total sales EU19.8b, est. EU19.8b (median of 13). * 1Q sales hurt by FX effect, lag in Easter holidays, drop in fuel prices * 1Q total France sales down 0.9%; organic growth ex-fuel, ex- calendar 1.4% * 1Q other European countries sales down 2.2%; organic growth ex-fuel, ex-calendar down 1.2% * 1Q emerging mkts sales down 9.2%; organic growth ex-fuel, ex-calendar up 10.5% * 1Q France hypermarket LFL sales ex-fuel ex-calendar up 0.7%; food sales rose in qtr * 1Q France supermarket LFL sales ex-fuel ex-calendar up 1.8% * 1Q Spain LFL sales up 0.6%, Italy LFL down 5.9%, Belgium up 1.5% * 1Q Brazil LFL up 6.4% * 1Q China LFL down 3.1% * Preview here * Call +33 (0)1 70 77 09 58
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To contact the reporter on this story: Heather Burke in London at +44-20-7673-2044 or hburke2@bloomberg.net To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net