Casino, the France-based retailer, has booked a 12.7% rise in third-quarter revenue, helped by strong organic sales growth at home and abroad.

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The company yesterday (13 October) posted consolidated net sales of EUR7.21bn (US$9.89bn) for the three months to the end of September.


On an organic basis, sales were up 7.3%, with Casino’s French stores turning in sales growth of 5.3%. Outside France, Casino saw sales rise 11.9% on an organic basis.


Casino said its domestic performance was driven by its convenience and discount stores, with its Franprix-Leader Price division enjoying sales growth of 12.1%.


Internationally, Casino’s sales rose 11.6% in South America and jumped 16.5% in Asia.

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The results led Casino to confirm its 2008 targets of “faster organic growth” in sales and “further growth” in trading profit.

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