Carrefour reports EUR 270 million sales in Romania for Q3

Newsroom 18/10/2010 | 11:26

French retailer Carrefour has reported sales of EUR 270 million in Romania in the third quarter of this year. In the first nine months of the year sales stood at EUR 804 million, 5.3 percent lower on a like-for-like basis.

At group level, the retailer reported Q3 sales of EUR 25.6 million, up 0.1 percent on a like-for-like basis, and growth driven mainly by emerging markets.

The retailer’s activity in Europe saw improving performances in Belgium, after store closures, and in Poland, where sales improved. Southern Europe remained impacted by the recession, while in Spain like-for-like sales decreased 4.3 percent in an environment that remains challenging.

Carrefour reported solid growth in Latin America (up 34.3 percent) and Asia (26.3 percent).

The retailer also grew strongly in Brazil, up 13 percent using a constant exchange rate, boosted by the performance of the Atacadao brand.


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