French food retailing group Casino pulled no surprises when it posted 15.2% increase in its turnover to 21.966bn [euro]. In France itself, Casino registered a growth 13.7% to 16.5bn [euro], boosted in particular by the contribution from the Monoprix unit. The strong performance comes despite the tricky situation in Latin America. Internationally, Casino posted a 20% rise in sales to 5.47m [euro].
Casino consolidated net sales 2001 ([euro] m)
2001 2000
Total Casino Group 21 966.9 19 072.8
France 16 495.4 14 511.3
Hypermarkets 6 677.9 6 431.4
Convenience 9 387.1 7 721.8
Supermarkets 3 076.2 2 910.4
Franprix-Leader Price 3 117.4 2 707.4
Monoprix 1 771.1 866.3
Suprette and franchises 1 422.4 1 237.7
Other businesses 430.4 358.1
New business 96.1 34.1
Restaurants 291.0 283.3
Production 43.3 40.7
International 5 471.5 4 561.5
US 2 244.0 2 091.1
Poland 820.4 635.7
Latin America 1 261.5 950.1
Argentina 620.3 609.7
Uruguay 209.5 176.5
Venezuela 431.7 163.9
Asia 1 145.6 884.6
Thailand 881.4 735.9
Taiwan 264.2 148.7
Source: Casino
COPYRIGHT 2002 Agra Europe Ltd.
COPYRIGHT 2002 Gale Group