Carrefour's Sales Soar in Q2

The group reported that its sales advanced 4.2 percent in the second quarter compared with the same period of last year to 21.4 billion euros ($ 23.3 billion), thanks to strong results growth abroad, with assistance from Brazil, and progress on the market in France. Carrefour's revenue rose 2.6 percent on the same comparison. In Latin America, organic sales have grown 15%. Only in Brazil, an increase of 11.4% in the organic results. "Carrefour had a very good start to the year, our sales are up against strong numbers of 2014 and 2013," said Pierre-Jean Sivignon, Chief Financial Officer of the retailer.