Carrefour (MIL:CRR)
€ 17.275 0 (0%) Market Cap: 11.24 Bil Enterprise Value: 18.82 Bil PE Ratio: 7.06 PB Ratio: 0.98 GF Score: 85/100

Half Year 2019 Carrefour SA Earnings Call Transcript

Jul 25, 2019 / 04:15PM GMT
Release Date Price: €17.88 (+1.76%)
Operator

Ladies and gentlemen, welcome to Carrefour second quarter sales and half year results conference call. I now hand over to Mr. Alexandre Bompard; Mr. Matthieu Malige; and Mrs. Selma Bekhechi. Madame, please go ahead.

Selma Bekhechi

Good evening, everybody, and thank for joining us on this call to present Carrefour Group's 2019 first half results. You have no doubt already seen the press release we issued this evening. Throughout today's call, we will be referring to the presentation that you can find on our corporate website. On tonight's call, Alexandre Bompard, CEO, will present the key advances of the Carrefour 2022 Transformation Plan; Matthieu Malige, CFO, will then comment on the financial highlights of Carrefour's first half performance. We will then open the floor to your questions.

Before I hand over to Alexandre, let me start with a few technical comments relating to our first half 2019 numbers. They were impacted by 3 different accounting standards, which are detailed in Page 2 of the presentation. One, IAS 29 related to hyperinflation in Argentina

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