Group sales up +1.9% on a like-for-like basis, vs +1.1% over the first nine months of the year
Food e-commerce sales up by more than 30%
Strong acceleration in Brazil (+6.2% LFL), driven by an improved commercial performance, expansion (+10.7% organic growth(1)) and food inflation
Stable sales in France (-0.1% LFL), despite the impact of the 'yellow vests' protests
Recurring operating income(2) (ROI) expected at about €1,930m, an increase of about €85m at constant exchange rates (+4%) vs 2017 reported ROI
Carrefour 2022 transformation plan: A powerful transformation dynamic was launched in 2018
Concrete actions to become the leader in the food transition for all
Construction of a growth model: rapid revamp of the in-store commercial proposition supported by partnerships, speedy roll-out of the omnichannel offer and expansion in growth formats
Culture of operational efficiency and financial discipline: profound transformation of organizations, purchasing alliances, process industrialization and cost optimization dynamic, enhanced selectivity and productivity of investments
Alexandre Bompard, Chairman and Chief Executive Officer, declared:'Carrefour's solid fourth-quarter performance confirms the full-year 2018 dynamic. Since the launch of the Carrefour 2022 plan one year ago, we have set in motion an unprecedented transformation of our Group. In 2018, we reviewed and simplified our organizations, improved our efficiency, entered into major partnerships and implemented our new growth model. This year also saw the roll-out of our new ambition to lead the food transition, driven by our global Act For Food program. Through the sum of its commitments and concrete initiatives, Carrefour has become the leader in healthy eating. I commend the work and commitment of all the teams to transform our group and set it on the road to success.'
Notes: (1) excluding petrol and calendar effects and at constant exchange rates; (2) estimated, unaudited figures, pre-IAS 29;
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Carrefour SA published this content on 22 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 January 2019 19:13:08 UTC
Carrefour is the No. 1 distribution group in Europe and No. 2 in the world. The group's activity is organized into 3 types of stores:
- hypermarkets: at the end of 2023, owns 1,182 stores under the Carrefour and Atacadão names;
- supermarkets: owns 4,146 stores under the Carrefour Market name;
- other : operates a network of 8,754 local stores (Carrefour Express, Carrefour City, Carrefour Contact, So.Bio, etc. names), 584 Cash & Carry stores, 264 stores (Soft discount and Sam's Club), as well as e-commerce sites (Carrefour, Ooshop, Quitoque, etc.).
Net sales are distributed geographically as follows: France (45.9%), Europe (28.4%) and Latin America (25.7%).
CARREFOUR 
