Carrefour Reports Strong Sales Growth In 4Q And Full-Year 2016

Carrefour reported total sales, including petrol, rose 3.7 percent to €27.9 billion in the fourth quarter of 2016, compared with the same quarter of the previous year. Also, total sales grew 2.1 percent to €103.7 billion in the full year, compared with the previous year. Excluding petrol, the retailer posted total sales of €85.7 billion, an increase of 3.3 percent from the previous year. International sales rose 4.9 percent in the full year, with Other European Countries posting an increase of 2.0 percent, while Latin America showed a strong growth of 13.5 percent.