EVRY (dpa-AFX) - French grocery retailer Carrefour Group (CRERF, CRRFY, 0NPH.L) reported Wednesday that its first-half sales including value added tax or VAT increased 6.2 percent from last year to 43.05 billion euros.
First half net income, Group share, stood at 78 million euros compared to 129 million euros last year. Adjusted mainly for non-recurring income, net income Group share stood at 154 million euros.
The Recurring Operating Income stood at 621 million euros, down 12.1% at current exchange rates. Total sales under banners including petrol stood at 52.1 billion euros in the first half of 2017, up +4.9% at current exchange rates.
In the second quarter, total sales grew by +6.1%, and on a like-for-like basis, sales were up by +2.8%.
The company expects sales to grow by 2% to 4% at constant exchange rates for the full year 2017.
Copyright RTT News/dpa-AFX