STRONG CASH GENERATION
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01 REFLECTING SOLID &
PROFITABLE GROWTH
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02 FOCUS ON FRANCE
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03 A COMMITTED COMPANY
01
STRONG CASH GENERATION REFLECTING SOLID & PROFITABLE GROWTH
HIGHLIGHTSStrong cash flow generation reflecting solid and profitable growth
1 SOLID GROWTH
MOMENTUM
2 STEADY IMPROVEMENT
IN PROFITABILITY
3 STRONG CASH
GENERATION
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› Record commercial performance in 2020
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› Strong increase in customer satisfaction
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› Heightened commercial competitiveness
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› Good positioning on dynamic market segments to support future growth
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2020 ROI increases again: +16.4% at constant FX
› Sharp increase in retail activities profit
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Food e-commerce growth now contributing positively to ROI and operating margin improvement
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Strong increase in net FCF at €1.1bn in 2020
› Efficient capex policy and steadily reducing inventory
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CONFIRMATION OF STRATEGIC OBJECTIVES & NEW ANNOUNCEMENTS: |
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Notes: 2019 comparison basis is restated for the IFRS IC decision on IFRS 16; 2020 ROI includes income and expenses related to COVID-19 effects. Exceptional bonuses and similar benefits to Group employees (€128m in H1 2020) are accounted for under other non-current income and expenses
2020 RESULTS
010203
February 18, 2021
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Carrefour SA published this content on 18 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2021 06:41:20 UTC.
