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Carrefour revenue rises by 2.4% to $24bn

Carrefour revenue rises by 2.4% to $24bn

PARIS: Carrefour SA, France’s largest retailer, reported fourth-quarter revenue that met analysts’ estimates, boosted by Spain and Italy, achieving a fourth year of annual growth.

Revenue rose 2.4 percent on an organic basis to 22.4 billion euros (US$24 billion), Boulogne-Billancourt, France-based Carrefour said yesterday in a statement. Analysts expected 22.6 billion euros, according to the median of estimates compiled by Bloomberg.