French supermarket behemoth Carrefour saw its Q1 revenues slip 0.2% year on year, to reach €18.37bn, including value-added tax, compared to €18.4bn in the year previous. The result was below market forecasts of 1% growth, and Carrefour said that one of the major reasons was the currency woes in Latin American, which took 24% out of the company's returns from that region.
French supermarket behemoth Carrefour saw its Q1 revenues slip 0.2% year on year, to reach €18.37bn, including value-added tax, compared to €18.4bn in the year previous.
The result was below market forecasts of 1% growth, and Carrefour said that one of the major reasons was the currency woes in Latin American, which took 24% out of the company’s returns from that region.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suitedelivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.
