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2018 4th Quarter Sales

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Solid sales growth in the fourth quarter of 2018

  • Group sales up +1.9% on a like-for-like basis, vs +1.1% over the first nine months of the year
  • Food e-commerce sales up by more than 30%
  • Strong acceleration in Brazil (+6.2% LFL), driven by an improved commercial performance, expansion (+10.7% organic growth(1)) and food inflation
  • Stable sales in France (-0.1% LFL), despite the impact of the “yellow vests” protests

Recurring operating income(2) (ROI) expected at about €1,930m, an increase of about €85m at constant exchange rates (+4%) vs 2017 reported ROI

Carrefour 2022 transformation plan: A powerful transformation dynamic was launched in 2018

  • Concrete actions to become the leader in the food transition for all
  • Construction of a growth model: rapid revamp of the in-store commercial proposition supported by partnerships, speedy roll-out of the omnichannel offer and expansion in growth formats
  • Culture of operational efficiency and financial discipline: profound transformation of organizations, purchasing alliances, process industrialization and cost optimization dynamic, enhanced selectivity and productivity of investments

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