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Carrefour SA (CARR.PA)

CARR.PA on Paris Stock Exchange

16.88EUR
11:38am EDT
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€-0.25 (-1.43%)
Prev Close
€17.12
Open
€17.14
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€17.35
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€16.83
Volume
3,049,816
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4,027,204
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€19.73
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€12.95

Latest Key Developments (Source: Significant Developments)

Diniz, Stanhore, de Almeida increasing voting rights in Carrefour
Tuesday, 3 Apr 2018 03:12am EDT 

April 3 (Reuters) - Carrefour SA ::* Stanhore International Trading, Abilio dos Santos Diniz and Flavia Buarque de Almeida go above 10 pct level in Carrefour voting rights.* Stanhore, Diniz, de Almeida now hold 11.9 pct of Carrefour voting rights.* Parties say they could increase their stake in Carrefour.* Parties say they have no plans to take full control of Carrefour.* They add that they back Carrefour's strategy and believe in the company's potential to grow.  Full Article

Carrefour Launches Offering Of $500 Million Convertible Bonds
Thursday, 22 Mar 2018 05:11am EDT 

March 22 (Reuters) - CARREFOUR SA ::CARREFOUR LAUNCHES AN OFFERING OF $ 500 MLN NON-DILUTIVE CASH SETTLED CONVERTIBLE BONDS .MATURITY OF 6 YEARS DUE 2024.INVESTORS WILL HAVE CONVERSION RIGHTS SETTLED IN CASH BY REFERENCE TO THE SHARE PRICE OF ORDINARY SHARES.ISSUE AND CONVERSION OF BONDS WILL NOT RESULT IN ISSUANCE OF ANY NEW SHARES OF CARREFOUR.BONDS WILL NOT BEAR INTEREST (ZERO-COUPON).BONDS WILL BE ISSUED AT ISSUE PRICE BETWEEN 96.75 PCT AND 98.00 PCT OF THEIR NOMINAL VALUE ON MARCH 27.NOMINAL VALUE OF EACH BOND WILL BE $ 200,000.  Full Article

Carrefour CEO says confident will deliver on transformation plan
Wednesday, 28 Feb 2018 12:26pm EST 

Feb 28 (Reuters) - Carrefour : CEO ALEXANDRRE BOMPARD TELLS ANALYSTS::CEO SAYS VERY CONFIDENT TO DELIVER ON 2BLN EUROS COST SAVINGS PLAN.CEO SAYS EXPECTS TO HAVE REMOVED THE 273 DIA STORES FROM SCOPE BY END OF THE YEAR.CEO SAYS CONFIDENT IN ABILITY TO SUCCESSFULLY DELIVER ON GROUP'S TRANSFORMATION PLAN.  Full Article

Fnac Darty FY Net Income From Continuing Operations Rises To ‍​125 Million Euros
Wednesday, 21 Feb 2018 11:45am EST 

Feb 21 (Reuters) - FNAC DARTY SA ::FY PRO FORMA REVENUE EUR 7.45‍​ BILLION VERSUS EUR 7.42 BILLION YEAR AGO.FY PRO FORMA EBITDA EUR 370‍​ MILLION VERSUS EUR 307 MILLION YEAR AGO.CONFIRM OUR OBJECTIVE OF €130 MILLION OF SYNERGIES DELIVERED BY THE END OF 2018.FY NET INCOME FROM CONTINUING OPERATIONS EUR ‍​125 MILLION VERSUS EUR 24 MILLION YEAR AGO.CONFIRMS MEDIUM-TERM OBJECTIVES TARGETING HIGHER GROWTH THAN OUR MARKETS.CONFIRMS MEDIUM-TERM CURRENT OPERATING MARGIN BETWEEN 4.5% AND 5%.PURCHASING AGREEMENT WITH CARREFOUR GROUP <<>> TO HAVE SLIGHTLY POSITIVE IMPACTS ON RESULTS IN 2018.FULL EFFECT OF PURCHASING AGREEMENT WITH CARREFOUR GROUP IS EXPECTED FOR 2019.  Full Article

Carrefour Announces Strategic Partnership With Showroomprivé
Thursday, 11 Jan 2018 12:25pm EST 

Jan 11 (Reuters) - Showroomprive ::CARREFOUR ANNOUNCES A STRATEGIC PARTNERSHIP WITH SHOWROOMPRIVÉ AND ACQUIRES A C.17% STAKE IN THE COMPANY.‍CARREFOUR WILL ACQUIRE C. 17% OF SHARE CAPITAL OF SHOWROOMPRIVÉ FROM CONFORAMA, A SUBSIDIARY OF STEINHOFF GROUP​.CARREFOUR'S EQUITY INVESTMENT IN SHOWROOMPRIVÉ WILL BE OFF-MARKET ACQUISITION OF BLOCK OF SHARES OWNED BY CONFORAMA.‍CARREFOUR'S EQUITY INVESTMENT IN SHOWROOMPRIVÉ WILL BE AT PRICE OF 13.5 EUROS PER SHARE, FOR A TOTAL AMOUNT OF C. 79 MILLION EUROS​.‍ADDITIONAL PAYMENT TO BE MADE BY CARREFOUR TO CONFORAMA, IF CARREFOUR LAUNCHES TAKEOVER BID FOR CO WITHIN 18 MONTHS OF TRANSACTION​ COMPLETION.  Full Article

ID Logistics extends its partnership with Carrefour to Romania
Thursday, 16 Nov 2017 01:41am EST 

Nov 16 (Reuters) - ID LOGISTICS SAS ::ID LOGISTICS MOVED INTO ROMANIA IN OCTOBER WITH TAKEOVER OF NEW SITE FOR CARREFOUR‍​.EXPANSION INTO THE ROMANIAN MARKET IS IN LINE WITH THE GROUP’S DEVELOPMENT STRATEGY‍​.“WE ARE DELIGHTED TO BE EXTENDING OUR PARTNERSHIP WITH ID LOGISTICS TO ROMANIA" SAYS CARREFOUR ROMANIA’S HEAD OF LOGISTICS.  Full Article

French supermarket retailer Carrefour to present strategy plan on Jan. 23
Tuesday, 14 Nov 2017 02:00am EST 

Nov 14 (Reuters) - Carrefour ::* Company to announce new strategy plan on Jan. 23..* Earlier this week, French retail giant Carrefour - under mounting pressure from traditional rivals as well as new competitors like Amazon - had sought to reassure investors that its plan to turn around its business was on track following a report of a delay. nL8N1NJ2SJ.* Shares in the world's second-biggest retailer fell nearly 2 percent on Monday after BFM Business radio said new CEO Alexandre Bompard was unlikely to unveil his revival plan before early 2018 instead of before end-2017 as previously announced..* The company is working on what is expected to be a far-reaching restructuring plan that some analysts estimate could involve one billion euros of cost cuts..* One reason for postponing the announcement was to avoid any labour trouble over the crucial Christmas period, BFM said..  Full Article

Carrefour CFO ties cut in 2017 sales growth goal to lower food inflation in Brazil
Wednesday, 30 Aug 2017 01:25pm EDT 

Aug 30 (Reuters) - Carrefour CFO Pierre-Jean Sivignon tells analysts during a call::CFO says it is "about correct" to expect full year 2017 ebit around 2.07 billion euros.Carrefour CFO says downwards revision of 2017 group sales growth guidance tied mostly to "very sharp" drop in food inflation in brazil.Carrefour CFO says expects 150 million euros of losses for Dia stores in 2017.  Full Article

New Carrefour CEO pledges to raise profitability, cash flow
Wednesday, 30 Aug 2017 12:32pm EDT 

Aug 30 (Reuters) - New Carrefour CEO Alexandre Bompard tells analysts during a call::Carrefour needs to accelerate digital transformation, needs to inject new life in French hypermarkets.Carrefour needs to raise profitability, improve cash flow generation, simplify organisation, meet market expectations..Bompard says faces "extraordinary difficult task" but convinced Carrefour has great potential, to provide more details on plan by end of year.Bompard visited the group stores, logistics sites, met top executives in the six weeks since he took over . Working on cinstituting his management team .  Full Article

Carrefour appoints Laurent Vallée as General Secretary
Wednesday, 30 Aug 2017 10:46am EDT 

Aug 30 (Reuters) - CARREFOUR SA ::APPOINTMENT OF LAURENT VALLÉE WITHIN THE EXECUTIVE MANAGEMENT OF GROUPE CARREFOUR.APPOINTMENT OF LAURENT VALLÉE IS EFFECTIVE IMMEDIATELY, REPLACING JEROME BEDIER AS GENERAL SECRETARY.  Full Article

UPDATE 2-European shares surrender to falling bank, tech stocks as Wall Street slides

* Carrefour jumps 9 pct after Q3 sales rise (Updates prices, adds quotes, graphic)