FRANCE: Carrefour revival continues with FY growth | Progresiv
Carrefour continues to maintain momentum under a new revival programme, reporting profit growth for its full fiscal year. 
In 2015, sales were up 3% to 76.95 billion euros (+4.1% constant-currency basis), with recurring operating profit up 2.4% to 2.45 billion euros (+7% constant-currency).
Adjusted net profit, meanwhile, grew by 7.1% to 1.11billion euros on a constant-currency basis.
The group said its results were helped by continued improvement in markets such as France, Spain, and Italy. It also reported strong growth in Latin America, while results improved in Asia, with Taiwan returning to sales growth for the first time in two years.
Carrefour said it plans to continue expanding in 2016, and will open stores in different formats, particularly convenience. It will also push ahead with its digital operations. (www.kamcity.com)
