Groupe Casino, the France-based retailer, has reported a 1.3% rise in half-year revenues, as its domestic businesses showed signs of improvement but its international operations saw sales slow during the second quarter.
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Casino yesterday (15 July) booked a 1.3% increase in sales excluding fuel and calendar effects.
Over the first six months of the year, Casino’s French sales fell 1.2%, although the company saw a dip of 1.1% in the second quarter.
Casino said its convenience formats – its namesake supermarkets and the Monoprix and Franprix chains – saw sales rise during the second quarter.
Sales at Casino’s hypermarkets fell 4.2% but the retailer insisted the stores had seen a “tangible improvement” from the 8.6% slump in sales seen in the first three months of 2009.
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By GlobalDataMeanwhile, same-store sales at Casino’s Leader Price outlets fell 6.1%.
Turnover from Casino’s international businesses was up by 4.8% during the second quarter. Across the first half of the year, sales were up 5.6%.
During the second quarter, sales climbed 7.3% in South America, led by “strong growth” in Brazil, Casino said.
In all, Casino’s consolidated net sales were down 2.6% during the first half of 2009 to EUR13.45bn (US$18.98bn).
