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Casino Guichard Perrachon SA (CASP.PA)

CASP.PA on Paris Stock Exchange

27.94EUR
23 May 2019
Change (% chg)

€-1.91 (-6.40%)
Prev Close
€29.85
Open
€29.00
Day's High
€29.74
Day's Low
€27.38
Volume
794,122
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587,179
52-wk High
€47.58
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€25.37

Latest Key Developments (Source: Significant Developments)

Retailer Casino: studies options on LatAm assets but no material element in this
Thursday, 9 May 2019 

PARIS, May 9 (Reuters) - Casino ::* Following press articles mentioning an upcoming announcement of a combination of its assets in Latin America, Casino Guichard-Perrachon states that it studies its various strategic options in this region in the context of the permanent review of its investments..* These thoughts have not led to any material element that would justify a disclosure to the market, adds Casino..  Full Article

Casino very confident to deliver or exceed asset disposal plan-CFO
Thursday, 25 Apr 2019 

April 25 (Reuters) - Casino CFO David Lubek::SAYS VERY CONFIDENT TO DELIVER OR EXCEED THE TARGET ON ASSET DISPOSAL PLAN.CFO SAYS STRENGTHENED PARTNERSHIP WITH AMAZON WILL HAVE NO NEGATIVE IMPACT ON CASINO'S CDISCOUNT ARM.CFO SAYS ONCE MONOPRIX/AMAZON GROCERY DELIVERY COOPERATION IS MORE MATURE IT SHOULD GENERATE THE EQUIVALENT OF "A FEW MONOPRIX STORES" IN TERMS OF REVENUE.  Full Article

Casino Group Says Takes Note Of Standard & Poor's Decision To Downgrade Its Financial Rating
Saturday, 20 Apr 2019 

April 20 (Reuters) - Casino Guichard Perrachon SA ::CASINO GROUP TAKES NOTE OF STANDARD & POOR'S DECISION TO DOWNGRADE ITS FINANCIAL RATING FROM BB NEGATIVE OUTLOOK TO BB- NEGATIVE OUTLOOK.CHANGE IN RATING HAS NO IMPACT ON AVAILABILITY OR COST OF GROUP'S FINANCIAL RESOURCES.  Full Article

Casino to sell four loss-making French stores
Friday, 12 Apr 2019 

April 12 (Reuters) - Casino ::SAYS SIGNS UNILATERAL PURCHASE COMMITMENTS CONCERNING SALE OF 2 GÉANT HYPERMARKETS AND 2 LEADER PRICE STORES.CASINO GROUP ANNOUNCES THAT IT HAS SIGNED NEW UNILATERAL PURCHASE COMMITMENTS CONCERNING 4 STRUCTURALLY LOSS-MAKING STORES..THESE COMMITMENTS REPRESENT A TOTAL AMOUNT OF 24 MILLION EURO.IN 2018, THESE STORES GENERATED SALES EXCLUDING VAT OF 42 MILLION Euros AND A LOSS IN TRADING PROFIT OF 1.5 MILLION EUROS.DISPOSALS EXPECTED TO BE COMPLETED IN THIRD QUARTER 2019.  Full Article

Finatis FY Individual Net Income Down At EUR 14.3 Million
Wednesday, 20 Mar 2019 

March 20 (Reuters) - FINATIS SA ::FY NET INCOME (FINATIS ONLY) EUR 14.3 MILLION VERSUS EUR 16.2 MILLION YEAR AGO.FY RECURRING RESULT BEFORE TAX (FINATIS ONLY) EUR 14.3 MILLION VERSUS EUR 14.8 MILLION YEAR AGO.FY CONSOLIDATED REVENUE EUR 37.51 BILLION VERSUS EUR 38.31 BILLION YEAR AGO.TO PROPOSE A DIVIDEND OF EUR 2.00 PER SHARE.  Full Article

Monoprix working to roll out Amazon partnership beyond Paris-CEO
Thursday, 14 Mar 2019 

March 14 (Reuters) - Casino CEO Jean Charles Narouri, CFO David Lubek and Monoprix CEO Regis Schultz tell a news conference::MONOPRIX CEO REGIS SCHULTZ SAYS MONOPRIX PARTNERSHIP WITH AMAZON IS NOW COVERING ALL OF PARIS, WORKING ON EXTENSION OF PARTNERSHIP EVERYWHERE WHERE MONOPRIX HAS STORES.PLAN TO DISPOSE AND CLOSE LOSS-MAKING CASINO STORES INITIATED AT THE END OF 2018, MOST OF WHICH WILL BE EXECUTED IN H1 2019 - CASINO CFO .CASINO CEO SAYS PARTNERSHIP BETWEEN MONOPRIX AND AMAZON IN PARIS HAD EXCELLENT START, EXCEEDING EXPECTATIONS.CASINO CEO SAYS GOAL IS TO STRENGTHEN CDISCOUNT’S POSITION WITH A GMV TARGET OF 5 BILLION EUROS IN 2021 VERSUS. 3.6 BILLION EUROS IN 2018.CASINO CEO SAYS GREENYELLOW UNIT TO LAUNCH A NEW GAS OFFERING BEFORE END OF 2019.CASINO CEO SAYS GOAL IS TO GENERATE 130 MILLION EUROS IN REVENUES FROM DATA AND DATA CENTER BY 2021 VERSUS 41 MILLION EUROS IN 2018.CASINO CFO SAYS DEBT TO EBITDA RATIO COULD FALL TO 2 TIMES AT END OF THREE-YEAR STRATEGY PLAN THANKS TO ASSET SALES.CASINO CEO NAOURI SAYS RALLYE BANKING COVENANTS ARE "FULLY MET".  Full Article

Rallye Reiterates Its Strategy To Maximize Its Assets' Value
Thursday, 14 Mar 2019 

March 14 (Reuters) - RALLYE SA ::FY NET SALES EUR 37.50 BILLION VERSUS EUR 38.30 BILLION YEAR AGO.RALLYE'S HOLDING PERIMETER NET FINANCIAL DEBT STOOD AT EUR 2,899M AS OF DECEMBER 31, 2018, COMPARED TO EUR 2,877M AT END OF DECEMBER 2018..RALLYE REITERATES ITS STRATEGY TO MAXIMIZE ITS ASSETS' VALUE AND CONFIRMS STRENGTH OF ITS FINANCIAL STRUCTURE.FY CONSOLIDATED EBITDA EUR 1.88 BILLION VERSUS EUR 1.91 BILLION YEAR AGO.MAINTAINED A SLIGHTLY POSITIVE RECURRING CASH FLOW EQUATION IN 2018 AND BENEFITS FROM A STRONG LIQUIDITY POSITION WITH OVER EUR 1.3BN OF UNDRAWN CREDIT LINES AS OF DECEMBER 31, 2018..FY NET LOSS GROUP SHARE EUR 223 MILLION VERSUS LOSS EUR 102 MILLION YEAR AGO.IN FRANCE, CASINO TARGETS FOR THE NEXT THREE YEARS INCREASE IN EBITDA MARGIN AND TRADING MARGIN FOR THE RETAIL BUSINESS OF +0.2 PT PER YEAR.IN FRANCE, CASINO TARGETS FOR THE NEXT THREE YEARS GROWTH IN TRADING PROFIT FOR THE RETAIL BUSINESS OF +10% PER YEAR.IN FRANCE, CASINO TARGETS FOR THE NEXT THREE YEARS FREE CASH-FLOW OF €0.5BN PER YEAR WITH GROSS RETAIL CAPEX BELOW €350M PER YEAR.REITERATES ITS STRATEGY TO MAXIMIZE ITS ASSETS' VALUE AND CONFIRMS STRENGTH OF ITS FINANCIAL STRUCTURE.GROUP AIMS TO OPEN 300 PREMIUM AND CONVENIENCE STORES BY 2021.TO PROPOSE A STABLE CASH DIVIDEND OF EUR 1 PER SHARE.FOR 2019-2021 GROUP AIMS TO BECOME NUMBER ONE IN ORGANIC PRODUCTS IN 2021, WITH NET SALES OF €1.5BN (VERSUS. €1BN IN 2018).GROUP AIMS TO INCREASE THE SHARE OF E-COMMERCE SALES TO 30% IN 2021 (VERSUS. 18%1 AT END-2018).  Full Article

Retailer Casino completes sale of stores and assets to Fortress
Monday, 11 Mar 2019 

March 11 (Reuters) - Casino Sa ::* Casino Group has completed the sale of 26 hypermarkets and supermarkets properties valued at €501 million to funds managed by Fortress Investment Group, of which €392 million has already been received.* Previously-announced sale formed part of Casino's broader debt-cutting plans.  Full Article

Rallye: Go Sport Completes Disposal Of Courir
Thursday, 28 Feb 2019 

Feb 28 (Reuters) - RALLYE SA : :GROUPE GO SPORT, WHOLLY-OWNED SUBSIDIARY OF RALLYE, COMPLETED THE DISPOSAL OF COURIR TO EQUISTONE PARTNERS EUROPE FOR €283M.  Full Article

Casino Group Completed Disposal Of 67 Monoprix Real Estate Assets For 742 Million Euros
Friday, 21 Dec 2018 

Dec 21 (Reuters) - CASINO SA ::CASINO GROUP COMPLETED DISPOSAL OF 67 MONOPRIX REAL ESTATE ASSETS TO GENERALI GROUP AND AG2R LA MONDIALE FOR EUR 742 MILLION.  Full Article

UPDATE 2-Brazil's Via Varejo says shareholder Klein mulling bigger stake

SAO PAULO, May 15 One of the biggest shareholders of Brazilian retail company Via Varejo SA is hiring a financial advisor as he considers increasing his stake, the company said in a Wednesday filing.