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Carrefour SA (CA.PA)

Paris - Paris Delayed price. Currency in EUR
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15.76+0.05 (+0.29%)
At close: 05:35PM CEST
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  • Reuters

    Analysis-Carrefour-Pepsico dispute sheds light on key role of retailers' ad business

    Carrefour and PepsiCo's just resolved three-month price dispute has shed light on a new aspect of such negotiations which is changing the relationship between retailers and suppliers. Pepsico said on Thursday the two companies had reached an agreement that will see the food and drink conglomerate's products, which include Pepsi, Doritos chips and Quaker oats, return to Carrefour's shelves in France. That agreement has yet to extend to Carrefour stores in Belgium, Italy, Poland and Spain, according to a person familiar with the discussions.

  • Reuters

    UPDATE 3-Carrefour raises dividend after 2023 profit jumps

    Carrefour, Europe's largest retailer, said on Tuesday it was confident about this year as it reported record cash flow of 1.62 billion euros ($1.8 billion) for 2023 and operating profit up 18.5% in its core French market amid high inflation. The solid results and strong cash generation allowed Carrefour to hand investors a 55% dividend increase to 0.87 euros per share and launch a new share buyback scheme worth 700 million euros. "In 2024, the group should see a more favourable market environment in Europe with the ongoing recovery of consumers' purchasing power," Chief Financial Officer Matthieu Malige told reporters.

  • Reuters

    UPDATE 2-France's Leclerc still selling Pepsi after Carrefour drops Pepsico products

    The head of France's biggest supermarket chain E. Leclerc said on Monday it was still selling Pepsi after rival Carrefour ditched PepsiCo products in the latest tug-of-war between retailers and global food giants over prices. Michel Edouard Leclerc also told BFM TV he was optimistic that food inflation in France would return to a range of 2.5% to 3% this year as consumer goods companies had become "more reasonable".