(CercleFinance.com) – Casino indicates that it is adjusting its forecast of November 4 for its retail brands in France (‘growth in EBITDA for the year 2021’) and now expects 2021 EBITDA on this scope to be slightly down – 1.7% to approximately 1,280 million euros compared to 1,304 million in 2020.
The group explains that the fourth quarter of 2021 was marked in France by a temporarily shrinking market, in stronger than expected proportions, with a change in the food distribution market of -3.7% at the national level and -5 .6% in Ile-de-France.