French supermarket supremo Carrefour today [Wednesday] reiterated its goal of growing full year earnings by 10% to 15% after posting a 25% increase in H1 earnings to €400m (US$393.1m) from €320m.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Analysts had expected the chain to post earnings of €370m for the period.


Announcing the news, CEO Daniel Bernard insisted that: “The priorities remain the same for this year and 2003, sales, costs and cash.”


Revenue slipped in the H1 however, down 1.1% to €33.09bn. And EBITDA was up just 1.5% to €1.922bn.


Bernard said that the firm would tackle this drop in sales by stepping up its ambitious global store openings programme during the H2. Carrefour plans to open 31 new hypermarkets across the world between July and December, the same number as opened in the whole of 2001.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now