France's Groupe Casino Blames Price Cuts For First-Half Losses
Groupe Casino swung to a loss of €233 million in H1 as falling sales and price cuts dented its core French business.
Source: esmmagazine.com
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Casino Says It Needs Equity Boost of at Least €900 Million
(Bloomberg) -- Casino Guichard-Perrachon SA said it will need an equity boost of €900 million ($981 million) or more and the conversion of its unsecured debt into stock as the French retailer hammers out a restructuring plan.Most Read from BloombergRussia Latest: Zelenskiy Adviser Says Wagner Remains in UkraineSilence Cloaks Kremlin After Russian Mutiny Against PutinPutin Faces Historic Threat to Absolute Grip on Power in RussiaPrigozhin Turns Forces Back in Deal With Kremlin to Drop ChargesGold
Source: yahoo.com
Intermarché to take over a hundred stores from the Casino group
The Casino group, which owns the brands Monoprix, Leaderprice, and Spar, announced on Friday that it will sell a significant number of its stores to Intermarché, France’s third largest supermarket chain.
Source: monacolife.net
Mercialys: 2022 Full-Year Results
Funds from operations (FFO) are up +3.7% to Euro 105.5 million, and +3.1% to Euro 1.13 per share, higher than the target for earnings per share growth of at least +2%. The +4.1% organic
Source: finanznachrichten.de
Governance changes for Mercialys
Regulatory News: Mercialys (Paris:MERY): During its meeting on April 28, 2022 following the Annual General Meeting, the Board of Directors was informed that the company La Forézienne de Participations
Source: finanznachrichten.de