Carrefour sales down by 1.5%

In the 3rd quarter 2002, Carrefour sales incl. VAT have decreased by 1.5% due to mainlt the negative impact of exchange rates. Before the impact of exchange rates of (-7.1%), sales increased by 5.6%.

Carrefour has improved its sales performances (before the negative impact of foreign exchange rates) compared to the first two quarters, thanks notably to higher like for like increases in the big countries and the acceleration of store openings over the period. The Group has opened 16 hypermarkets, 9 supermarkets and 50 hard-discount integrated stores over the quarter.

Over the first 9 months of the year, Group sales incl. VAT have increased 3.9% on constant exchange rates. After impact of exchange rates sales decline -1.5%.

For more information please visit

(source: Carrefour)

Related News