H1 2023 Results
Q2 2023 Sales
July 26th, 2023
H1 2023 Strategic highlights
|
Private labels |
Maxi method |
|
E-commerce
CSR & Food Transition
+3 pts to 35% of food sales
Grupo BIG integration
Roll-out underway
Promising pilots
Retail Media
+20% in GMV
Real estate valorization
Numerous initiatives leading
to index at 108%
M&A
Conversions complete
R$2bn synergies confirmed
H1 2023 RESULTS
Joint Venture with Publicis
Partnership on 76 stores
in France
Cora & Match acquisition
in France
|
July 26, 2023 |
2 |
H1 2023 Key financial highlights
Net Sales
€40.7bn
+11.2% LFL
Adj. EPS
+9%
at €0.45
Recurring
Operating Income
€700m
Stable margin
excl. Grupo BIG
Net free
cash-flow
+€196m
at €(1,684)m
Cost savings
€490m
€1bn target
confirmed for FY23
Net debt
end-June 2023
-€1,440m
to €5,040m
H1 2023 RESULTS
|
July 26, 2023 |
3 |
CSR - Successful H1 2023 initiatives
108% achievement of CSR index objectives, with particular progress in:
Food transition
€3.1bn in sales of certified
sustainable products
(+9% vs H1 2022)
Packaging
19,241 tons avoided since 2017
o/w 2,851 tons in H1 2023
Climate (scope 3)
36% of Top 100 suppliers adopted a 1.5°C trajectory
(+2 points vs end-2022)
Employees
12,679 employees
with disabilities
(+1,398 in H1 2023)
|
H1 2023 RESULTS |
July 26, 2023 |
4 |
Sustained top line momentum +10.3%
LFL in Q2 2023
|
Group LFL sales growth |
|||||||||
|
H1 22 |
H2 |
22 |
H1 |
23 |
|||||
|
+5.7% |
+11.1% |
+11.2% |
|||||||
|
11.3% |
12.3% |
||||||||
|
10.9% |
10.3% |
||||||||
7.8%
3.5%
|
Q1 |
Q2 |
Q3 |
Q4 |
Q1 |
Q2 |
|
2 0 2 2 |
2 0 2 3 |
|
LFL |
Q2 |
|
|
Group |
+10.3% |
|
|
› |
France |
+7.3% |
|
› |
Europe |
+7.4% |
|
› |
LatAm |
+17.3% |
Hypermarkets: +6.6%
Supermarkets: +7.6%
Convenience/other formats: +8.2%
Spain: +7.7%
Italy: +4.7%
Belgium: :+12.5%
Poland:+0.4%
Romania: +7.5%
Brazil: -3.2%
Atacadão: -4.3%
Retail: +0.3%
Argentina: +127.0%
|
H1 2023 RESULTS |
July 26, 2023 |
5 |
Attachments
Disclaimer
Carrefour SA published this content on 26 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2023 15:53:12 UTC.
