date:Aug 30, 2013
rating profit rose 4.9 percent to 766 million euros ($1 billion), just below the average forecast of 771 million in a Reuters poll of six analysts.
That included a 75.4 percent leap in operating profit in France, where the group makes more than 40 percent of sales.
The market will be delighted by the surge in French profitability, wrote Citi analysts Alastair Johnston and Pradeep Pratti in a note. The improvement in France gives much credibility to the bull-case.
Carrefour shares, which are u