Gross sales of Carrefour Brazil grow 10.2% in Q4

São Paulo – Carrefour Brazil sales grew 10.2 percent in the fourth quarter of 2018 compared with same period of the previous year. The company reported gross revenue of R $15.821 billion between October and December this year. Sales at the same stores, criteria that take into account only the units open more than a year, rose 6.2% in the fourth quarter compared to the previous year. With the performance, Carrefour has accumulated in the year 2018 1 gross R $56.343 billion, total growth of 7.6% before 2017. The result was marked by the continuation of a faster pace of growth of flag Atacadão, self-service wholesale. The network recorded growth of 7.4% in same store sales in the fourth quarter. Earlier this year, the pace of growth of Atacadão was being lower, with the index finger same stores having stayed at 0.5% in the first quarter, 4.5% in the second quarter and accelerate in the third quarter, when the high was 6.2%. "Gross sales of Atacadão grew, reflecting solid gains in volumes, increase in the average ticket and prices of commodities more favorable. Same store sales growth was accelerating, quarter after quarter throughout the year, "said the company in your results. Already in the other store formats of Carrefour, including supermarkets and minimarkets, same store sales grew 3.5% in the fourth quarter. Including sales of gasoline, the scorecard is in 2.8%. The performance of this business comes accelerating since the last quarter of 2017, when the Carrefour had registered 1% fall in same store sales of these retail formats. In the third quarter, high, excluding petrol, had been 2.5%. Sales of both the segment of "atacarejo" as the supermarkets in general have improved from the second half of 2018 with the end of deflation. In 2017 and the first half of last year, deflation has decreased the nominal revenue without the costs could be dried at the same speed. The end of that movement of food prices contributed to the revenue of the companies in the sector. The company said the fourth-quarter result was boosted by the opening of new stores, in particular of Atacadão. "Our expansion strategy is still favoring the higher return formats, with greater emphasis on Cash model & Carry ' (known as atacarejo)," said the company. In the fourth quarter, six new stores were opened and two wholesale operations Atacadão, plus four stores in Market format and two shops in the Express format. The group closed 2018 with 660 stores.