carrefour profits plunge 40 to 129m
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Carrefour profits plunge 40% to 129m

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Arab Today, arab today Carrefour profits plunge 40% to 129m

Paris economy
Paris - Arab Today

 French supermarket group Carrefour said Thursday its half-year net profit tumbled due to one-off items and as low fuel prices and currency rates ate away at sales.

It said net profits for the period were 129 million euros ($143 million), down 40.8 percent and just below analysts' forecasts. Excluding exceptional items linked to restructuring costs, profits were up slightly at 235 million euros.

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