Carrefour (XPAR:CA)

€ 16.3 0.03 (0.18%) Market Cap: 11.24 Bil Enterprise Value: 18.82 Bil PE Ratio: 7.06 PB Ratio: 0.98 GF Score: 85/100

Full Year 2018 Carrefour SA Earnings Call Transcript

Feb 28, 2019 / 09:30AM GMT

Release Date Price: €18 (+2.51%)

Transcript

Alexandre Bompard

Carrefour SA - Chairman & CEO

Good morning, ladies and gentlemen. I am delighted to welcome you to Massy this morning. As you know, since the beginning of this year, it is the new Head Office for the group and for France Carrefour. I would like to initially share with you a few messages on the past year and I will show you and talk about the prospects we have for next year. Then Matthieu Malige will give you more details about our financial performance and then together, we will answer your questions.

A few -- couple -- a few words about last year, 2018, which was a key year for our transformation plan called Carrefour 2022. As you know, any transformation process, we started last January, is demanding. It did have an impact on all our businesses, all our processes and it did put into movement all our geographies deeply.

A year ago, one could be entitled to doubt the ability of Carrefour to face up to such a challenge. 1 year after, it is a fact that Carrefour has been able to call into question a lot of fundamentals to pursue a large range of structuring actions

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