Carrefour SA (CARR.PA)
27 Mar 2017
* Reports progress on store divestments, gives update on Belgium strategy
Source text for Eikon: Further company coverage: (Gdynia Newsroom)
SAO PAULO, March 10 French retailer Carrefour SA will open 70 new Express mini-markets in Brazil this year, newspaper Valor Econômico reported on Friday from Paris, citing Chief Executive Officer Georges Plassat.
PARIS Carrefour disappointed investors with its first drop in annual operating profits since 2012 on Thursday, although the boss of the world's second-largest retailer said he was "optimistic" about the future and his turnaround strategy.
* CEO in favour of internal candidate to succeed him (Recasts with CEO comments, fund manager, updates shares)
March 9 Carrefour CEO Georges Plassat tells a news conference:
March 9 Carrrefour CEO Georges Plassat tells a news conference:
PARIS, March 9 Carrefour, the world's second-largest retailer, on Thursday vowed to grow its sales by 3-5 percent this year and to further increase free cash flow, as it pares back on investments to renovate its stores.
PARIS, March 7 The initial public offering of Carrefour's Brazilian unit will take place in mid-2017, billionaire Abilio Diniz said on Tuesday, voicing confidence that Brazil's economy is emerging from the worst recession its history.
PARIS Real estate firm Carmila, controlled by French retailer Carrefour , aims to achieve a stock market listing through a merger with Cardety , another property firm linked to Carrefour, both companies said.