Paris, 3 September 2018 – The Casino Group takes note of Standard & Poor’s (S&P) decision to downgrade its financial rating by one notch at BB, negative perspective. Casino notes that the rating agency’s assessment does not take into account...
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Paris, 8th August 2018 – Bernstein (Sanford C. Bernstein Limited) has today (8th August 2018) released a report focusing on Casino’s relations with its French franchisees. Casino refutes the report’s presentation of the cash impact of those operations. As acknowledged...
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After having confirmed the BBB-/Stable outlook credit rating on December 11th, 2015 and initiated a review process of its appreciation of Casino Group’s credit on January 15th, 2016, Standard & Poor’s (S&P) has decided to lower this rating by one...
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Good morning, Ladies & Gentlemen In the context of the Credit Watch announced by S&P last Friday, we have received a number of questions from investors and we would like to take the opportunity of this call to answer them...
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In France, sales growth of +2.7% on an organic basis and +1.4% on a same-store basis, and an increase in customers of +1.9% – Géant: significant growth of +3.0%(1) (same-store and organic) and continued gain in market share of +0.1...
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Casino has become aware, through a press agency wire, of a report issued by Muddy Waters Capital on December 16, 2015, with the obvious intent to harm Casino, its employees and its shareholders. This accusatory report contains grossly erroneous allegations...
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Casino Group decides to strengthen its financial flexibility with a deleveraging plan in 2016 of more than 2 billion of euros, mainly through real estate transactions and disposal of non-core assets. One of this plan’s components consists in externalizing the...
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Improved activity in France: : Return to growth at Géant and recovery at Leader Price Increase in food sales in Brazil Strong growth of the E-commerce business In France, improved activity: growth in organic sales (+0.4%) and in same-store sales (+0.1%);...
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