date:Jul 26, 2013
Groupe Casino's first-half results have beaten analyst expectations, as cost-cutting measures and international sales offset declining French sales.
The Saint Etienne-based retailer's second-quarter sales 'rose sharply', with a 40.4% increase to 12.09 billion while trading profit rose by 51.9% to hit 969 million, boosted by Casino's buyout of the Monoprix banner.
The grocery giant's international operations jumped by 9.7% to 7.2 billion, despite negative currency impacts. In Latin America, Cas