number of groupe casino stores in france

Outlook for 2021: priority is now given to growth and expansion, supported by (i) convenience store openings in urban, semi-urban and rural areas (100 in the first quarter and 200 in the second) and.France Retail EBITDA margin improved by +155 bps to 12% in second-half 2020, driven by the cost saving and operational efficiency plans Retail banners: following the Group’s repositioning, all banners achieved a level of profitability including the hypermarkets, with a very satisfactory level for the other banners.-€318m in France (-€566m including settlement of GPA TRS).Group gross debt in 2020: -€1,851m reduction Group net debt (excl. Group EBITDA in H2: +11% Group EBITDA (after lease payments) in H2: +20% Group Trading profit in H2: +20% Outlook for 2021: profitable growth, cash flow generation and continued debt reduction Very strong growth in banners and e-commerce profitability,Įnabling the Group to pursue its deleveragingĪfter a first-half performance affected by costs related to the health crisis, profitability improved strongly in the second half in both France and Latin America

Number of groupe casino stores in france