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Presentation of the Carrefour group
Carrefour in 2015
Carrefour in France and throughout the world
1.3.4
Carrefour has been opening stores under its banners in France and
Carrefour in France
abroad for more than 50 years. It currently operates in mainland
France and its overseas territories, as well as in Europe, Asia, Latin In France, Carrefour group is the leading food retailer across all
America, Africa and the Middle East through a network of consolidated formats, with a 22.8%
(2)
market share. At year-end 2015, the Group
and franchised stores, and stores that it runs with partner companies.
had 5,650 stores under banners in four different formats:
242
Carrefour
hypermarkets,
1,003
Market
supermarkets,
In 2015, Carrefour opened or acquired 1,993 stores under Group
4,263
convenience stores operating under the City, Contact, Express,
banners, representing some 1,208,000 sq.m. of gross additional sales
Bio, Montagne, 8 à Huit and Proxi banners, and 142 cash & carry
area. As of the end of 2015, the Carrefour group had 12,296 stores
stores operating under the Promocash banner. The Group has a total of
under banners in more than 35 countries.
1,232 stores: 214
hypermarkets, 517 supermarkets, 494 convenience
In 2015, Carrefour posted net sales of €76.95
billion – up 4.1% versus
stores and 7
cash & carry stores.
the previous year at constant exchange rates. The increase was due
to:
Carrefour’s activity in France in 2015 was reflected by the
2.4% growth in like-for-like store sales;
●
consolidation of leadership and the strengthening of the network’s
organic growth in sales (excluding petrol) of 3.0%, an average of
●
multi-format nature, through the expansion of convenience and
2.5% since 2012;
supermarket banners, and through the first transformations of the Dia
stores acquired at the end of 2014. The asset renovation programme
a negative effect of 1.4% from petrol;
●
(hypermarkets, supermarkets and shopping centres) also continued,
a positive impact (+2.5%) from acquisitions and disposals during
●
along with the reinforcement of the sales ecosystem, strengthened by
the year.
Carmila’s acquisition of new shopping centres. Carrefour continues to
Fluctuations in exchange rates (mainly the depreciation of the develop its omni-channel strategy, reflected in the acquisition of
Rue
Brazilian real and Argentinian peso) had an 1.1% unfavourable effect
du Commerce
, the strengthening of the
drive
and
click & collect
on consolidated sales. Sales grew by 3.0% in 2015 at current exchange services, and the development of new digital solutions (mobile apps,
rates.
in-store digital services, etc.).
Recurring operating income rose by 7.0% at constant exchange rates
In 2015, Carrefour in France opened or acquired 845 stores under
(by 2.4% at current exchange rates and by 11.5%
pro forma
(1)
) to Group banners, including 5 hypermarkets, 21 supermarkets and
€2.45
billion. This increase is due to a sharp rise in recurring operating 819
convenience stores, representing a total of some 512,000 sq.m.
income in Europe excluding France (+33.4%) and Latin America of gross sales area.
(+23.5% at constant exchange rates).
In 2015, France saw renewed growth, with organic sales excluding
In total, recurring operating income equalled 3.2% of sales, and was
petrol climbing +1.1% across all formats. Hypermarkets saw 0.8%
therefore stable compared with 2014.
growth in organic sales excluding petrol (+0.6% in like-for-like),
supermarkets grew by 1.3% (+1.9% in like-for-like), and the other
The Group continued to invest in 2015, as planned. Investment was
formats, mainly convenience stores, grew by 2.9% (+2.7% in
stable compared with 2014 (-1.37%), totalling €2.38
billion for the
like-for-like). Attractiveness improved across all formats, with steady
year.
improvement in terms of price perception, higher numbers of cash
2015 investment by geographic region (% of total)
transactions, and an increase in overall customer satisfaction in both
hypermarkets and supermarkets.
Europe
(excl. France)
Latin America
Asia
24%
22%
9%
France
45%
At constant exchange rates and excluding the integration of Dia, the increase of the Tascom tax on selling space and the transfer to Carmila of rental income
(1)
from shopping malls.
Source : Nielsen moving annual total P13 2015 (Hypermarkets, supermarkets, supermarkets mostly private labels, drive formats and convenience stores) -
(2)
Carrefour group: Carrefour, Market, integrated convenience stores and Dia.
2015 REGISTRATION DOCUMENT
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