Moreover,
Carrefour will sell its activities:
The Italian branch of the tricolor giant of mass distribution recorded significant losses in 2024.
Carrefour will separate from all of its activities in Italy. For example, The distribution giant announced this Thursday. Moreover, July 24, on the occasion of its half -yearly results, entering exclusive negotiations with Newprinces Group, an Italian agrifood company.
The sale of Italian crossroads will be at a “Symbolic prize”said the executive director finances. 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 from a negative cash flow of nearly 180 million euros.
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“The impact of the group’s cash flow operation carrefour will sell its activities is estimated at -240 million euros. taking into account the financial contribution of Carrefour to support the recovery project”is it 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 has increased by 3.7% to almost 46.56 billion euros. carried in particular by “An acceleration of activity and a resumption of volumes in the second quarter in France and in Europe”.
carrefour will sell its activities — Carrefour will sell its activities: The Italian branch of the tricolor giant. of mass distribution recorded significant losses in 2024. Carrefour will separate from all of its activities in Italy. The distribution giant announced this Thursday, July 24, on the occasion of its half.
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