albert Chan
Most Recent Results (1H18)
[caption id="attachment_52024" align="aligncenter" width="609"]
*For France[/caption]
Annual Financial Results
[caption id="attachment_52025" align="aligncenter" width="823"]
Fiscal year ends on December 31.
*2015 data are restated for divestitures in Asia.
**Trailing 12 months ended June 30, 2018[/caption] Company Profile Casino Guichard-Perrachon SA is a French multinational food and general merchandise retailer that operates hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce stores. The group’s banners include Monoprix, Casino Supermarchés, Carulla, Pão de Açúcar, Franprix, Vival, Spar, Le Petit Casino, Minuto Pão de Açúcar and Assaí. As of December 2017, the group owned more than 12,200 stores in France, Latin America and the Indian Ocean region, including more than 9,200 stores in France alone. It operates the general merchandise website Cdiscount in France. Strategy Casino Group has tailored its business model to suit the polarized behavior of consumers. With some consumers focusing mainly on product and service quality, and others hunting for bargains, the company has decided to cater to both groups’ needs by offering multiple brands and multiple formats. To meet the rising demand for organic food, Casino Group has launched two new banners focused on fresh produce: Franprix Noé in France and Carulla FreshMarket in Colombia. On the omnichannel front, the company has expanded operations of its Cdiscount e-commerce banner, opening physical stores where consumers can access products online through touchscreens and shop at online prices in-store. Revenue Breakdown (1H18)
Recent Developments
Management Team
*For France[/caption]
Annual Financial Results
[caption id="attachment_52025" align="aligncenter" width="823"] Fiscal year ends on December 31.*2015 data are restated for divestitures in Asia.
**Trailing 12 months ended June 30, 2018[/caption] Company Profile Casino Guichard-Perrachon SA is a French multinational food and general merchandise retailer that operates hypermarkets, supermarkets, convenience stores, cash-and-carry outlets and e-commerce stores. The group’s banners include Monoprix, Casino Supermarchés, Carulla, Pão de Açúcar, Franprix, Vival, Spar, Le Petit Casino, Minuto Pão de Açúcar and Assaí. As of December 2017, the group owned more than 12,200 stores in France, Latin America and the Indian Ocean region, including more than 9,200 stores in France alone. It operates the general merchandise website Cdiscount in France. Strategy Casino Group has tailored its business model to suit the polarized behavior of consumers. With some consumers focusing mainly on product and service quality, and others hunting for bargains, the company has decided to cater to both groups’ needs by offering multiple brands and multiple formats. To meet the rising demand for organic food, Casino Group has launched two new banners focused on fresh produce: Franprix Noé in France and Carulla FreshMarket in Colombia. On the omnichannel front, the company has expanded operations of its Cdiscount e-commerce banner, opening physical stores where consumers can access products online through touchscreens and shop at online prices in-store. Revenue Breakdown (1H18)
Recent Developments
| Date | Development |
| Nov 20, 2018 | Casino Group appoints David Lubek as CFO. |
| Oct 18, 2018 | 3Q18 Trading Update: With Amazon Prime Now Trial Ahead of Plan, France Remains Steady, While Latin America Accelerates |
| Oct 17, 2018 | Cdiscount announces the acquisition of 1001Pneus, a leading online tire retailer. |
- Jean-Charles Henri Naouri, Chairman and CEO
- David Lubek, CFO
- Julien Lagubeau, COO
Source: Company reports/S&P Capital IQ/Coresight Research
Sector Overview- For context on this company, please refer to our report Sector Overview: European Retail.