Largest growth outside of Europe
2014’s fourth quarter turnover reached 22.6 billion euro, which represents a 4.1 % organic growth. Carrefour managed a 1 % turnover growth, to 10.54 billion euro, in its French home market. In its other markets, the company achieved a 12.06 billion euro turnover, 6.6 % higher than the year before.
For its full fiscal year, the company’s turnover reached 84 billion euro, up 3.9 % compared to 2013. French turnover reached 39.7 billion euro, a 1.2 % increase. Its international growth, + 5.9 %, helped reach a 44.33 billion euro turnover, internationally.
Belgium stable after 4th quarter slump
Carrefour Belgium’s fourth quarter turnover dropped 1.4 %, but on a like-for-like basis, it managed 0.4 % turnover growth. Its full-year turnover in Belgium for 2014 has remained relatively stable, even though it has managed to get a 1.7 % like-for-like turnover growth.
All regions considered, Brazil performed the best as its turnover grew 11.5 % thanks to favourable exchange rate fluctuations: those taken into consideration, turnover only grew 2.1 %. Nevertheless, its like-for-like turnover grew 8 %. Chinese turnover dropped 2.1 %, and even 6.4 % on a like-for-like basis, which has partially offset certain areas of growth.
