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Carrefour: Alexandre Bompard renewed, activities in Italy ceded and a declining net result – 07/24/2025 at 18:41

Nevertheless,

Carrefour: alexandre bompard renewed, activities:

Alexandre Bompard. Meanwhile, at the head of the Carrefour distribution giant since 2017, here at the General Assembly of May 28, 2025 (AFP / Stephane de Sakutin) carrefour: alexandre bompard renewed, activities

Alexandre Bompard, at the head of the Carrefour distribution giant since 2017, here at the General Assembly of May 28, 2025 (AFP / Stephane de Sakutin)

Semi-annual results and two announcements: Carrefour has decided to renew its CEO Alexandre Bompard beyond 2026, and to sell all of its activities in Italy. Therefore,

Alexandre Bompard. Consequently, at the head of the Carrefour distribution giant since 2017, will be renewed at its CEO post after 2026 after the company’s board of directors has pronounced “unanimously” on this choice, Carrefour said on Thursday in the wake carrefour: alexandre bompard renewed, activities of its half -yearly results via a press release. Therefore,

The Board of Directors “thus reaffirms his support. the confidence he places in Alexandre Bompard to continue the transformation of the group,” said the group, which also quotes the CEO, “honored with renewed confidence”.

The other big announcement is on the side of the “portfolio review” started by the distributor at the start of the year to generate more profitability: Carrefour Italy will be ceded to Newprinces Group. an Italian agrifood company.

The sale of Carrefour Italy will be at a “symbolic price”. said the executive director finances and management of the Matthieu Malige group during a telephone press point, mentioning the important losses of this branch which achieved 4.2 billion euros in turnover in 2024, around 4% of the group’s turnover.

Carrefour Italy includes nearly 1,200 stores which suffered in 2024 carrefour: alexandre bompard renewed, activities from a negative cash flow of nearly 180 million euros.

“The impact of the group’s cash flow operation is estimated at -240 M €. taking into account the financial contribution of Carrefour to support the recovery project”, it is specified.

The Carrefour distribution giant achieved a net profit of 210 million euros in the first half. down 33% over a year, while improving its profitability in its pivotal countries, France, Spain and Brazil, the group said on Thursday.

Carrefour’s turnover increased by 3.7% to almost 46.56 billion euros. notably carried by “an acceleration of activity and a resumption of volumes in the second quarter in France and Europe”.

Carrefour: alexandre bompard renewed, activities

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delaney.knight
delaney.knight
A Miami marine reporter, Delaney maps coral-reef heartbreaks with watercolor sketches and policy sidebars.
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