In 2017, the Group reached its objective of a trading profit growth of 20% thanks to good performances across all businesses. Casino leveraged its unique mix of formats and effective action plans to deliver a sales performance in France that was the best in the retail sector, while also improving its margins. Gross sales under banner (including Cdiscount) rose by +2.3%(1), reflecting very solid performances by Franprix, Monoprix and Casino Supermarkets as well as Géant’s ongoing recovery.

The e-commerce business developed more intensively, helped by expansion of the product offering and an improved delivery service under Cdiscount’s latest strategic plan. The new partnership with Ocado will enable the Group to deploy a state-of-the-art food e-commerce logistics and delivery solution.

In international markets, the Group’s subsidiaries enjoyed significant growth in the buoyant cash & carry segment and continued to diversify their revenue sources (property development, consumer finance).