- Carrefour’s recurring operating income for FY fell to €2.21 billion, slightly below the estimate of €2.3 billion, marking a 2.3% decrease compared to the previous year.
- The recurring operating margin slightly decreased to 2.6%, down from 2.7% the previous year, and fell short of the 2.73% estimate.
- Net sales, however, increased by 2.6% year-over-year to €85.45 billion, exceeding the estimate of €84.71 billion.
- The adjusted net income was €1.08 billion, an 11% decline from last year and below the expected €1.18 billion.
- Net free cash flow was reported at €1.46 billion, a 10% decrease from the prior year, although it surpassed the €1.37 billion estimate.
- The company is projecting a slight growth in EBITDA, recurring operating income, and net free cash flow for 2025.
- Carrefour is conducting a thorough strategic review of its business portfolio, covering all activities and organizational models.
- A 6% increase in the ordinary dividend has been proposed, bringing it to €0.92 per share, in addition to a special dividend of €150 million.
- Carrefour plans to increase its capital expenditure in France by 20% this year, but doesn’t expect immediate market improvement as French consumers remain very price sensitive.
A look at Carrefour SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Carrefour SA, a global retail giant operating supermarket chains across three continents, is showing a positive long-term outlook based on its Smartkarma Smart Scores. With a strong emphasis on providing value to its customers, Carrefour receives a high score in this category. Additionally, the company boasts a top score for its dividend policy, indicating a commitment to rewarding shareholders. While growth prospects are rated slightly lower, Carrefour still maintains a solid score, reflecting its potential for expansion in the future. Furthermore, the company’s momentum in the market is robust, as shown by its high score in this regard.
Despite facing challenges in resilience, Carrefour’s overall Smart Scores paint a promising picture for its future performance. Investors may find comfort in the company’s stable dividend policy and value-driven approach, which could bode well for long-term returns. With a diversified presence in different types of retail stores worldwide, Carrefour’s strategic positioning could continue to support its growth trajectory in the coming years.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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