Carrefour Posts FY Adjusted Net Income, Group Share Of €1.01 Bln

Carrefour (CRERF.PK,CRRFY.PK,0NPH.L) reported fiscal 2020 net income of €831 million compared to €1.31 billion last year.

Net income, group share, adjusted for exceptional items, totaled €1.01 billion or €1.26 per share versus €861 million or €1.09 per share in the previous year.

Total revenue was €72.2 billion compared to €74.1 billion generated a year ago.

Alexandre Bompard, Chairman and Chief Executive Officer, said: "2020 has been a year of commitment for Carrefour. That of our teams, mobilized in the service of our customers, who have successfully taken on immense sanitary, logistical and human challenges. That of our entire Group, which consistently maintains the same level of extreme sanitary vigilance and the same attention to its social and environmental responsibility..."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
General Motors will start replacing defective battery modules in Chevrolet Bolt EVs and EUVs with new modules. The replacement battery modules will be shipped to dealers as soon as mid-October, the automaker said in a statement. CVS Health is set to recruit qualified candidates to fill 25,000 clinical and retail jobs during a one-day national career event on Friday, September 24. This will enable CVS to meet the high demand for pharmacists, pharmacy technicians, nurses, and retail store associates to support flu season, COVID-19 vaccinations and testing. Twitter, Inc. (TWTR) announced Monday that it has entered into a binding agreement to settle the consolidated class action lawsuit commenced in 2016 in the United States District Court for the Northern District of California. Under the terms of the proposed settlement, Twitter will pay $809.5 million...
Follow RTT