Casino Guichard-Perrachon SA (FRA:CAJ1)
€ 3.1095 -0.024 (-0.77%) Market Cap: 1.24 Bil Enterprise Value: 4.13 Bil PE Ratio: 0 PB Ratio: 0.81 GF Score: 53/100

Half Year 2021 Casino Guichard Perrachon SA Earnings Call Transcript

Jul 29, 2021 / 06:00AM GMT
Release Date Price: €2424 (-0.49%)
Operator

Ladies and gentlemen, welcome to the Casino Group 2021 Half Year Results Conference Call.

I now hand over to Mr. David Lubek, Chief Financial Officer of Casino Group. Sir, please go ahead.

David Julien Emeric Lubek;tÃ;Anonyme;CFO
Casino, Guichard-Perrachon SociÃ

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Thank you. Good morning, everyone, and welcome to Casino H1 results conference call. I hope you are all remaining safe and well. A few words of introduction before going through our presentation.

We have been living with the COVID-19 pandemic for the last 18 months. During this time, as you will see from our H1 results, we have successfully adapted and transformed our food retail business in France. Our profitability has improved and reached a satisfactory level in all our banners. With our mix of efficient urban and Proximite formats, a dynamic expansion plan and a strong food e-commerce proposition, we are now well positioned to grow sustainably going forward.

As for our other businesses, Cdiscount and GreenYellow have

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