date:Jul 18, 2014
nvestment case: well on track for a medium-term recovery, Societe Generale said in a note. The bank has a hold rating on Carrefour.
Growth in Brazil, Carrefour's largest market after France, also accelerated, though conditions remained weak in China where a government crackdown on lavish spending hit alcohol sales.
Chief Financial Officer Pierre-Jean Sivignon said analysts' consensus forecast for an operating profit of about 2.38 billion euros this year was reasonable. That would be a 6.3 perc