Group consolidated net sales of €19.7bn, up +2.7% on an organic basis

  • In France:
    • Increase in activity: growth of +0.9% on a same-store basis and +2.0% on an organic basis
    • Further market share gains
  • Latam Retail:
    • Sustained good performances in Colombia, Argentina and Uruguay
    • Improved sales in Brazil with a stepped-up development of cash & carry and the initial results of Multivarejo's sales relaunch plan which weighed on profitability
  • Latam Electronics: stabilisation of activity at Via Varejo since Q2 2016
  • E-commerce:
    • Cdiscount: good performance over the semester
    • Cnova Brazil: activity still impacted by Brazil's economic environment

Group trading profit of €317m for the period

  • In France, significant recovery in results: trading profit of +€85m versus -€53m in H1 2015 restated
  • Latin America: lower results in Brazil related to the economic environment and the promotional relaunch at Extra
  • E-commerce: improved profitability at Cdiscount and decline at Cnova Brazil

Consolidated net profit, Group share of €2,581m, related to capital gains from the disposal of Asia

Sharp decline in net financial debt of Casino in France (€4,027m versus €8,482m in H1 2015 restated) and decision on July 28th 2016 to pay an interim dividend of €1.56 per share

Casino Guichard Perrachon SA published this content on 19 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 August 2016 15:09:06 UTC.

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