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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Carrefour    CA   FR0000120172

CARREFOUR

(CA)
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Carrefour : French watchdog fines Carrefour 3 million euros for privacy rule breaches

11/26/2020 | 09:02am EST
A Carrefour logo is seen on a Carrefour Hypermarket store in Antibes

PARIS (Reuters) - French watchdog CNIL has fined two of Carrefour's subsidiaries a total of 3.05 million euros ($3.63 million) for breaching European Union data privacy rules, it said on Thursday.

The watchdog said Carrefour France and Carrefour Banque, the French retailer's financial services subsidiary, had failed to properly inform internet users about loyalty programmes and credit card applications on their respective websites.

It said information was also lacking on how long Carrefour France intended to keep customers' personal data. The initial data retention period of four years was deemed excessive by the watchdog.

The data privacy authority also found that Carrefour France didn't make it easy for customers to see personal data collected from them by the company, one of the EU's General Data Protection Regulation (GDPR) requirements.

The CNIL noted that Carrefour had made changes to its online procedures to be fully compliant with current privacy rules, including to the online trackers that Carrefour had saved without the user's prior consent.

The watchdog also said Carrefour had met all the requests from people who asked to have access to their personal data, or to have it deleted.

"The CNIL's decision concerns past and isolated failures," Carrefour said on Twitter. "They are now fully corrected." )

($1 = 0.8408 euros)

(Reporting by Mathieu Rosemain; Editing by Mark Potter)


© Reuters 2020
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Financials
Sales 2020 71 418 M 86 537 M 86 537 M
Net income 2020 757 M 918 M 918 M
Net Debt 2020 6 780 M 8 215 M 8 215 M
P/E ratio 2020 16,0x
Yield 2020 2,89%
Capitalization 12 494 M 15 090 M 15 139 M
EV / Sales 2020 0,27x
EV / Sales 2021 0,26x
Nbr of Employees 321 383
Free-Float 75,3%
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Technical analysis trends CARREFOUR
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Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 19
Average target price 18,27 €
Last Close Price 15,46 €
Spread / Highest target 33,2%
Spread / Average Target 18,2%
Spread / Lowest Target -3,62%
EPS Revisions
Managers and Directors
NameTitle
Alexandre Bompard Chairman & Chief Executive Officer
Matthieu Malige Chief Financial Officer
Miguel Ángel González Gisbert Global Chief Technology Officer
Nicolas Bazire Non-Independent Director
Jean-Laurent Bonnafé Director
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