FRANCE: E.Leclerc FY sales climb

By Michelle Russell | 17 January 2013

Domestic sales for the group grew 7.5%

Domestic sales for the group grew 7.5%

French retailer E.Leclerc has recorded an increase in full-year sales thanks to lower pricing in its domestic market in the period.

In the 12 month period, sales, excluding petrol, climbed 7% to EUR34.9bn (US$46.57bn), the retailer reported today (17 January). Including fuel, sales were up 7.5%.

Domestic sales for the group grew 7.5% to EUR40.7bn with fuel and 7% to EUR32.3bn excluding. The increase was a result of an "aggressive policy" toward lower prices on fuel in the period, it said.

Sectors: Financials, Retail

Companies: E.Leclerc

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