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Retailer Casino seals GreenYellow energy sale, tourists boost trade

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댓글 0건 조회 2,385회 작성일 22-08-29 22:51

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By Dominique Vidalon

PARIS, July 28 (Reuters) - Retailer Casino said on Thursday it was confident it would execute its disposal plan to reduce debt as planned after sealing a deal to sell its majority stake in its renewable energy business GreenYellow.

Group sales also accelerated in the second quarter, rising 8.1% on a same-store basis, driven by a robust performance in Latin America and Online Casino a return of tourists to its city stores in France, Online Casino lifting its shares by over 3% in early trade.

Online Casino said it expected the recovery in sales growth momentum in France to continue in the coming months, notably as data for the last four weeks to July 24 showed tourists were flowing back to the Paris area and to its Monoprix and Franprix stores following the COVID-19 crisis.

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