Edition:
United States

Dominique Vidalon

French hotel group Accor confident over 2019 after robust first half

Jul 31 2019

PARIS Accor , Europe's largest hotels group, said it was confident over its 2019 prospects after reporting a 5.1% rise in first-half operating profit, driven by restructuring efforts and robust demand in most regions.

France's Vinci keeps outlook for more growth as first half profits rise

Jul 31 2019

PARIS French construction company Vinci reported first-half profit rose 9% thanks to a solid performance from its airports and motorway concessions and affirmed its forecasts for the year, sending its shares higher.

UPDATE 2-France's Vinci keeps outlook for more growth as first half profits rise

Jul 31 2019

* Eyes further growth in 2019 group revenue and net income (Adds CEO comments from call, shares up)

Retailer Carrefour says strategic overhaul on track as H1 profits rise

Jul 25 2019

PARIS French supermarket retailer Carrefour reported higher first-half profits and said it was on track with a strategic overhaul aimed at boosting earnings and tackling competition from the likes of Amazon .

Danone second quarter sales beat expectations as China baby food demand improves

Jul 25 2019

PARIS French food group Danone said sales growth accelerated in the second quarter, beating forecasts as baby food products sales in China rebounded earlier-than-expected, and affirmed its financial targets for 2019 and 2020.

Retailer Casino cancels dividend as it pursues debt-cutting plans

Jul 25 2019

PARIS French supermarket retailer Casino , which is battling investor concerns over debts and its ability to generate cash, scrapped its dividend as it targeted net debts below 1.5 billion euros ($1.7 billion) in France by the end of next year.

Remy Cointreau has started CEO search with expertise in luxury sector a key criterion

Jul 24 2019

PARIS, July 24 Remy Cointreau said it had started looking for a new chief executive, who it wanted to have a "good knowledge" of the spirits sector and/or a "recognised expertise" in luxury in order to continue a strategy focused on high-end brands.

French company Edenred eyes record 2019 profits after strong first-half

Jul 23 2019

PARIS French pre-paid meal vouchers and card provider Edenred predicted a further rise in operating profit which should reach a new record level in 2019, after posting strong first half results.

Channel Tunnel group Getlink says 'no-deal' Brexit is becoming very likely

Jul 23 2019

PARIS Channel Tunnel operator Getlink posted lower first-half operating profits on Tuesday and said the scenario of Britain leaving the European Union without a divorce deal on October 31 was becoming "very likely".

French retailer Casino sells subsidiary Vindémia to cut debt

Jul 22 2019

PARIS French supermarket retailer Casino , under pressure to reduce its high debts, has agreed to sell its subsidiary Vindemia for 219 million euros ($246 million).

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