French retailer Casino’s third-quarter 2013 sales up 22.1%
date:Oct 16, 2013
2.1%.

Deducting acquisitions, currency and calendar effects, and petrol, this was a like-for-like rise of 6.5% and an acceleration from 3% growth in the second quarter.

This strong sales growth was fuelled by robust demand in Brazilian market.

The retailer also benefitted from price cuts introduced at the end of 2012 in Geant hypermarkets in France, which boosted sales.

In France, like-for-like hypermarket sales declined 4.7% in the quarter, compared with a 7.9% drop in the second quarter
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07/10 00:32