Author archives: axome - page 8

After having confirmed the BBB-/Stable outlook credit rating on December 11th, 2015 and initiated a review process of its appreciation of Casino Group’s credit on January 15th, 2016, Standard & Poor’s (S&P) has decided to lower this rating by one...

Good morning, Ladies & Gentlemen In the context of the Credit Watch announced by S&P last Friday, we have received a number of questions from investors and we would like to take the opportunity of this call to answer them...

In France, sales growth of +2.7% on an organic basis and +1.4% on a same-store basis, and an increase in customers of +1.9% – Géant: significant growth of +3.0%(1) (same-store and organic) and continued gain in market share of +0.1...

Paris, 21 December 2015. Casino Group affirms the strength of its business model, strategic plans and financial structure On December 15th, 2015, Casino Group announced a plan to strengthen its balance sheet and enhance its financial flexibility with a deleveraging...

Casino has become aware, through a press agency wire, of a report issued by Muddy Waters Capital on December 16, 2015, with the obvious intent to harm Casino, its employees and its shareholders. This accusatory report contains grossly erroneous allegations...

Casino Group decides to strengthen its financial flexibility with a deleveraging plan in 2016 of more than 2 billion of euros, mainly through real estate transactions and disposal of non-core assets. One of this plan’s components consists in externalizing the...

– Strengthened organization, focused on growth drivers, – Implementation of significant synergies leveraging the respective strengths of the different entities, – Acquisition by Éxito of 50% of GPA voting shares owned by Casino group and 100% of Libertad in Argentina...

Improved activity in France: : Return to growth at Géant and recovery at Leader Price Increase in food sales in Brazil Strong growth of the E-commerce business In France, improved activity: growth in organic sales (+0.4%) and in same-store sales (+0.1%);...