Carrefour first half sales up 2.7%

13th July 2011, Comments 0 comments

Carrefour, the world's second-biggest retailer, said Wednesday its first-half sales were up 2.75% at 44.6 billion euros ($63.4 billion).

But it forecast a 23% dip in operating profits for the same period, of "around 760 million euros" which it said was "mainly attributable to France".

Operating profits for the same period last year were 989 million euros, excluding Dia, the discount branch introduced on the Madrid stock exchange on July 5.

© 2011 AFP

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