First quarter 2021 sales : strong growth in the profitability of banners and E-commerce, enabling the Group to accelerate its debt reduction

First-quarter 2021 confirmed the second-half 2020 trend of increased profitability across all geographies.

  • This profitability improvement led to faster debt reduction.
  • Consolidated net sales of €7.1bn, stable on a same-store basis, and up 6.5% over 2 years.
  • In France, excellent quarter for Cdiscount, with marketplace revenues up +43%.
  • In Latin America, growth remained very strong at Assaí, with sales up +21%.

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