Casino Group Posts Narrower Loss In H1
Finanzen
Casino Group's first‑half net loss narrowed to €205 million, while trading profit turned positive at €49 million.Summary
Casino Group reported a first‑half net loss of €205 million, down from €225 million a year earlier, while its trading profit swung to €49 million from a €11 million loss. Adjusted EBITDA rose 13.9 % to €326 million, and after lease payments it reached €109 million. Net sales fell 2.7 % to €3.97 billion, with like‑for‑like sales up 0.4 %. CEO Philippe Palazzi highlighted the company’s ongoing transformation and its plan to strengthen financial structure by 2026 to accelerate the Renouveau 2030 strategy.
(Source：Finanzen)