Carrefour Posts Strong Net Sales Growth In 2015

Carrefour reported net sales grew 4.1 percent at constant exchange rates and 3.0 percent on an organic basis in 2015, compared with the previous year. According to the company, all of its regions posted sales growth at current exchange rates, with Europe rising by 2.7 percent and emerging markets up by 3.8 percent. Recurring operating income for the period grew 7.0 percent to €2.445 billion, with France posting an ROI of €1.191 billion. Operating margin at its home market rose compared with 2014, the company said. ROI in other European countries jumped 33.4 percent to €567 in 2015 from €425 in 2014.