France-based retail giant Casino saw underlying annual sales rise almost 4% during 2007, boosted by its stores in Latin America and Asia.


The company posted a 3.8% rise in revenue to EUR24.9bn (US$36.6bn), with its sales outside France jumping 11.2%.


Same-store sales climbed 13.2% in Latin America, thanks to growth in Argentina, Venezuela and Uruguay, Casino said. In Asia, sales rose 2% thanks to a strong fourth quarter when sales jumped 10.5%.


Back home, sales in France inched up by 1.8% to EUR17.9bn during 2007, boosted by accelerated growth during the fourth quarter of the year.


Casino has taken over the day-to-day running over its Franprix and Leader Price stores in France. The company said the move had “produced results” during the last three months of the year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The company’s profit numbers will be published on 13 March.