Cnova Q2: France offsets challenges in Brazil

Date : 12 July 2016
Casino-owned Cnova has reported second quarter net sales of €665.3m, which shows a 19.2% contraction on the same period in 2015 in reported terms and by 13.8% in constant terms. The retailer’s gross merchandise volume (GMV) contracted by 3.4% at constant currencies, to €1.0 bn. Growth in France…
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