Casino announced their sales over the second semester of 2014. Turnover reached €11.933 billion, a 6.5% increase on an organic basis (at constant scope and exchange rates) compared to the same period in 2013, but a 1.3% decrease in current exchange rates. Published activity is higher than the €11.872 billion predicted by analysts.
Unsurprisingly, the growth is thanks to International (12% organic growth), notably thanks to Latin America and Brazilian distributor GPA who saw a large growth and good performance (notably thanks to the football World Cup). In France sales erosion was limited, -0.2% organic, thanks to growth in Géant hypermarkets and despite the drop in other companies.