Groupe Casino, the France-based retailer, has seen underlying half-year revenue climb almost 7% as the company shrugged off a challenging home market and saw sales jump overseas.
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The company today (11 July) posted sales of EUR13.8bn (US$21.8bn) for the first six months of the year, a 6.9% rise on an organic basis.
Casino’s turnover in France was up 4.8% as the company saw sales rise across its stores, including its namesake supermarkets and discount chain Leader Price.
“The group’s robust sales in France reflect its favourable format mix and the effectiveness of the sales and marketing strategies deployed by the banners,” Casino said.
In international markets, Casino saw sales rise 13.3% thanks to double-digit growth in South America and Asia.
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By GlobalDataIn Brazil, local retailer CBD, of which Casino holds joint control, posted an 8.1% rise in same-store sales.
In Asia, sales were up 13.4% on an organic basis during the first half of the year.
Casino’s full first-half results will be published on 28 August.
