Groupe Casino First-Half Sales Fall 1.5%
15 Julho 2015 - 1:49PM
Dow Jones News
By Nick Kostov
PARIS--French retailer Groupe Casino (CO.FR) said Wednesday that
sales dropped in the first half, dragged down by a sharp drop in
sales at its electronic business in Latin America and currency
headwinds.
The company said overall revenue in the first half fell 1.5% to
11.76 billion euros ($12.95 billion). Organic growth meanwhile was
down 0.4%, with declines in the Latin American business partially
offset by increased activity in the French retail business.
The company didn't provide guidance for its second half in the
sales update.
Write to Nick Kostov at nick.kostov@wsj.com
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