French Carrefour, Europe’s leading supermarket chain, reported a 9.1% increase in revenues in Italy in the first six months of the year, with
Company Profile: |
The group, operating with Italian Gs, said its Ebitda grew from €1.85bn to €1.89bn and net profits rose from €277bn to €441bn.
The company said the results were in line with analyst’s expectations.
Large European chains play a strong role in Italy’s supermarket sector, controlling 46%, coinciding with the eclipse of Standa. The other major foreign chain is Auchan, which is allied with Italian Rinascente.
By Hilmi Toros, just-food.com correspondent
To view related research reports, please follow the links below:- |
Share this article
