French supermarket retailer Casino has reported a rise in 2002 sales that is below forecasts.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Casino said its full-year turnover increased by 3.9%, or 8.9% on a constant currency basis, to €22.84bn (US$24.44bn). Analysts polled by Reuters had forecast full-year sales of €22.93bn.


“Overall it was disappointing,” SSSB’s London-based retail analyst David McCarthy was quoted as saying by Reuters.


“The fourth quarter in France looked a bit weak and there was some disappointment in overseas markets like Poland, where business has been tough, and in Thailand where it faces strong competition and was hurt by flooding.”


Casino said that foreign exchange effects accounted for a 5% hit to its full-year sales growth.

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.

Full-year turnover in France rose 6% compared with 5.1% growth in 2001.


Casino’s fourth-quarter turnover rose 1.3%, or 8% on a constant currency basis, to €6.25bn, compared to forecasts of €6.34bn.