Carrefour SA
CA
ISIN FR0000120172 / Valor 488167
Carrefour SA
UMushroom community rating:
About company
Carrefour SA is a French multinational retail group that operates a network of hypermarkets, supermarkets, convenience stores and e-commerce platforms, offering food and non‑food merchandise to consumers across multiple countries, primarily in Europe and Latin America. The company combines company‑owned and franchised formats — including large hypermarkets, neighborhood supermarkets and smaller convenience banners — alongside a cash‑and‑carry/wholesale arm in Brazil (Atacadão), private‑label lines, online grocery, click‑and‑collect and home‑delivery services. Its revenues derive mainly from in‑store and online product sales, complemented by ancillary services such as fuel stations, financial products and loyalty programs, with operations focused on merchandising, supply‑chain management and omnichannel integration to compete with both global and local retailers.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (05.06.2026):
Carrefour SA — Q4 2024 and FY 2024: The group reported FY 2024 like-for-like (LFL) sales up +9.9% (Q4 LFL +7.1%), FY e-commerce GMV €5.9bn (+18% FY; +15% in Q4). FY EBITDA was €4,637m (+1.7%) and Recurring Operating Income €2,213m (+1.4% excl. currency effects). Net Free Cash Flow reached €1,457m. Adjusted net income, Group share, was €1,081m (adjusted EPS €1.61); reported net income, Group share, was €723m. The Board proposes an ordinary dividend up 6% to €0.92/share and a €150m special dividend. Net financial debt closed at €3,780m, largely driven by the ~€1.2bn acquisition of Cora & Match and other capital moves.
Key headline figures
FY 2024 sales (inc. VAT) €94.6bn pre-IAS29 (+9.9% LFL); EBITDA €4,637m (+€79m); Recurring Operating Income €2,213m (+1.4% at constant FX); Net Free Cash Flow €1,457m; adjusted net income €1,081m; adjusted EPS €1.61.
Q4 2024 sales trends
Group Q4 LFL sales +7.1%. By region: France -2.1% LFL, Europe (excl. France) +0.6% LFL, Latin America +25.6% LFL (Brazil +6.0% LFL; Argentina +111% LFL). E‑commerce GMV grew strongly (FY €5.9bn; Q4 +15%).
Profitability and margins
EBITDA up +1.7% to €4,637m. Reported ROI down slightly to €2,213m (-2.2% at current FX) but +1.4% at constant FX. Group recurring operating margin 2.6% (‑13bps). France ROI rose to €1,042m (+5.5%); Latin America ROI improved materially (+26% excl. FX).
Cash flow, debt and capital returns
Net Free Cash Flow €1,457m (in line with multi‑year trajectory). Net financial debt €3,780m at 31/12/2024 (up mainly due to Cora & Match acquisition ~€1.2bn). 2024 share buybacks ~€705m executed; proposed ordinary dividend €0.92/share (+6%) and special dividend €150m (€0.23/share).
Cost savings and investment
Cost savings delivered €1,240m in 2024 (on target). Capex ~€1,772m. The Group plans further price investments in 2025 financed by a new €1.2bn cost savings plan while targeting modest growth in EBITDA, ROI and Net Free Cash Flow in 2025.
Strategic actions
Halfway through Carrefour 2026, management launched a comprehensive strategic review of the portfolio and announced an offer to acquire remaining minority shares in Carrefour Brazil (move to 100% ownership). Continued shift toward franchising, private label expansion and e‑commerce growth.
ESG and operational progress
CSR & Food Transition index at 111% of target. Significant progress on climate (Scopes 1&2 emissions down 48% vs 2019), food‑transition metrics (plant‑based sales and food waste reductions) and supplier commitments toward 1.5°C trajectories.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
13001 M
Market cap (USD)
2,436,076
Daily traded volume (Shares)
13.675 / 13.545
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
Nathanyel de la Mano
Cindy Follonier
Atanas WI Atanasov
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