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Carrefour looks to H2 with confidence as France, Brazil lift H1 profits
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Carrefour looks to H2 with confidence as France, Brazil lift H1 profits
Jul 24, 2024 9:09 AM

PARIS (Reuters) - Carrefour on Wednesday upheld its end-year profit and cashflow targets, saying it looked to the second half of the year with confidence as its French and Brazilian markets drove profit growth in the first six months of 2024.

Group recurring operating income grew by 6.2% to 743 million euros ($806.53 million) in the first half-year on sales that reached 44.863 billion euros, a like-for-like growth rate of 12.1%, Europe's largest food retailer said.

($1 = 0.9212 euros)

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