Retailer Casino keeps goals as sales return to growth in Q1

Published by
Reuters UK

By Dominique Vidalon PARIS (Reuters) -Casino said group sales returned to growth in the first quarter, driven by a robust performance in Latin America and expressed confidence about prospects in the retailer’s home market of France this year. Casino said on Friday it expects a recovery in sales growth momentum this year in France, notably as April data showed tourists were flowing back to the Paris area following the COVID crisis. It also reiterated its aim to maintain a high level of profitability and improve cash flow generation this year. To boost sales growth, Casino banks on an accelerate…

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