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Carrefour 2020 results show further strong growth

Record commercial performance (+7.8% Like-For-Like)

Carrefour's full-year 2020 gross sales increased by +7.8% on a like-for-like basis. The Group's gross sales stood at €78,820M, an increase of + 4.4% at constant exchange rates. Net sales amounted to €70,719M. Gross margin stood at 21.8% of net sales, down -39bps, reflecting price investments, the temporary increase in logistics costs and the evolution of the integrated/franchisee mix, partly offset by...

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EFA News - European Food Agency
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