First quarter 2020 sales

Publication of the 2020 first quarter sales.

  • Consolidated net sales at €8.3bn, up +7.9% on an organic basis1 and +6.4% on a same-store basis1, including the impact on food consumption of the Covid-19 epidemic since mid-March
  • In France, same-store growth of +5.8% for the quarter (+9% over 4 weeks2), driven by urban formats, convenience and E-commerce. At Cdiscount, acceleration of GMV growth to +40% since beginning of April
  • In France, total EBITDA up +€67m vs. Q1 2019, reflecting the growth in business since mid-March
  • In Latin America, organic growth of +14.0%, with an acceleration since mid-March in all geographies

 

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