(CercleFinance.com) – Revenue including tax increased by +13.5% on a comparable basis (LFL) in the 1st quarter of 2024. It stood at €22,156 million pre-IAS 29, an increase of +12.1 % at constant exchange rates. Total growth in turnover at current exchange rates amounts to +0.4%.
In France, turnover was down slightly by -0.4% LFL, reflecting growth of +0.4% LFL in food, while non-food was down -7.5% LFL. In Europe, turnover is generally stable (-0.2% LFL).
In Latin America, revenue was up +48.0% on a comparable basis. In Brazil, turnover increased by +1.3% LFL (after -2.2% LFL in the 4th quarter),
Carrefour confirms its financial objectives for the 2024 financial year: growth in EBITDA and Current Operating Profit; Free Net Cash Flow in line with the trajectory of the Carrefour 2026 plan.
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