PR Newswire/Les Echos/
October 18th, 2010
Sales at September 30th, 2010
Excluding fuel Including fuel
Gross sales
(in million euros) H1 2010 Q3 2010 Year to Year to
Sep 30, 2010 Sep 30, 2010
Guyenne et Gascogne
parent company 208.3 +1.4% 129.4 +0.0% 337.7 +0.8% 448.7 +4.1%
Sogara 637.6 -4.2% 336.6 -3.3% 974.2 -3.9% 1,152.0 - 2.1%
Centros Comerciales
Carrefour (Spain)
Hypermarkets 3,726.8 -5.0% 1,976.3 -6.0% 5,703.1 -5.4% 6,179.0 - 3.6%
Supermarkets 327.7 -6.2% 193.9 -3.5% 521.6 -5.2% 548.7 -4.2%
Since the new IFRS came into force, the subsidiaries Sogara and Centros
Comerciales Carrefour have been consolidated on an equity basis. As such, the
figure for consolidated sales is that of the parent company: 448.7 million euros
(+4.1%).
The third quarter of 2010 did not reveal any significant changes compared with
the trends seen previously: general sluggish climate, faltering food consumption
and persistent difficulties on non-food.
* The parent company has continued to achieve good performances on its
supermarket network, thanks to the dynamic development of the Carrefour Market
brand. However, following a satisfactory month in July, its hypermarkets have
been affected by the slight drop in consumption, seen more specifically in the
touristy regions midway through August and continuing into September.
* The Sogara subsidiary is gradually emerging from a difficult period during
which some large units have been particularly affected, and it looks set to
confirm its recovery over the coming months. There are already plans to adopt
the main elements from the new Carrefour Planet concept across most of the
network.
* In Spain, the stores have been affected by the still delicate economic
environment, as well as food price deflation. However, thanks to its effective
control over distribution costs, which has been confirmed, Centros Comerciales
Carrefour is ready to emerge from this crisis without any major issues and
seize new opportunities for expansion.
2010 sales to be published on January 17th, 2011
The Guyenne et Gascogne Group's financial information and the full press release
with its appendix are available on the company's web site at:
www.guyenneetgascogne.com
Press contact: Calyptus - Marie-Anne Garigue
Tel: +33 1 53 65 68 63 - Fax: +33 1 53 65 68 60
marie-anne.garigue@calyptus.net
Guyenne et Gascogne contact: Marc Léguillette
Tel: +33 5 59 44 55 00 - Fax: +33 5 59 44 55 77
marc.leguillette@guyenneetgascogne.fr
ISIN: FR0000120289
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