date:Mar 06, 2014
ench CAC 40 index .FCHI was down 0.2 percent.
Carrefour said it would invest between 2.4 billion and 2.5 billion euros to renovate and expand stores this year, up from the 2.2 billion in 2013, a rate of spending which analysts had expected would be unchanged in 2014.
Chief Financial Officer Pierre-Jean Sivignon told a results conference call that Carrefour would continue to renovate stores in France, Brazil, Italy and Spain in 2014, while expanding its store network in China and Brazil.
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