date:Apr 19, 2013
Carrefour, Europe's biggest retailer, sees little sign of economic improvement in the austerity-stricken continent after falling demand in Spain and Italy and weakening trade in its core French market held back first-quarter sales.
Trends were more positive elsewhere, however, with Brazil, Carrefour's largest market after France, continuing to show robust growth, and an improving performance in China.
Analyst forecasts for a rise in full-year operating income to 2.2 billion euros ($2.87 billio