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Casino Guichard Perrachon SA (CASP.PA)

CASP.PA on Paris Stock Exchange

48.72EUR
14 Dec 2017
Change (% chg)

€-0.67 (-1.36%)
Prev Close
€49.39
Open
€49.50
Day's High
€49.56
Day's Low
€48.72
Volume
452,567
Avg. Vol
392,463
52-wk High
€57.19
52-wk Low
€44.52

Latest Key Developments (Source: Significant Developments)

Ocado talking to lots of retailers, expects further deals
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Ocado ::CFO SAYS WILL INTRODUCE SEGMENTAL REPORTING TO MAKE CLEAR SPLIT BETWEEN UK RETAIL AND INTL SOLUTIONS UNITS.CEO SAYS CASINO DEAL IS NEW, SEPARATE FROM DEAL ANNOUNCED EARLIER THIS YEAR.CEO SAYS TALKING TO LOTS OF RETAILERS, EXPECT FURTHER DEALS.CEO SAYS NEW GROUPE CASINO CFC WILL BE BIGGER THAN ITS ANDOVER CFC WHICH IS ABLE TO HANDLE 350 MILLION STG OF SALES.  Full Article

Casino confirms 2017 targets, says no demands from Amazon over its purchasing centre
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Casino :Says confirms financial targets for 2017.Casino finance director says there has been a lot of "fake news" concerning Amazon and retailers.Finance director says Amazon has not made any demands to Casino regarding using its purchasing center.  Full Article

Casino eyes H1 group operating growth of 20 pct - CFO
Thursday, 13 Jul 2017 

July 13 (Reuters) - Casino CFO Antoine Giscard d'Estaing tells analysts::Group expects H1 2017 group operating profit to increase by 20 percent versus H1 2016.CFO specifies H1 2016 will be on re-stated basis.Casino cfo says expects H1 2017 French operating profit, including real estate, to be above 115 million euros.Casino cfo says not changing target for French hypermarkets this year, which is to break-even.  Full Article

Casino buys back 333 mln euros in bonds
Wednesday, 28 Sep 2016 

Casino SA : The public bond tender offer launched on Sept. 20 allows Casino to buy back respectively 150 million euros, 95.2 million euros and 88.1 million euros of the bonds maturing in August 2019, January 2023 and August 2026, or a cumulated nominal amount of 333.3 million euros. .This bond tender offer has no material impact on financial expenses in 2016 and will improve 2017 financial result by 10 million euros..  Full Article

Casino CFO says 2016 capex of 400-450 mln euros in France "realistic"
Friday, 29 Jul 2016 

Casino CFO Antoine Giscard d'Estaing tells a news conference :capex of 400-450 million euros in france in 2016 "realistic".  Full Article

Casino CFO confident on French profit goal
Friday, 29 Jul 2016 

Casino CFO Antoine Giscard d'Estaing tells a conference call: Says that any lag from target of achieving 1.5 percent like-for-like sales growth in France in 2016 would be offset by margin improvements. . "We are keeping our French profit goal because we have enough levers in case of a (sales) lag to compendate with improved margins, costs" CFO says .Casino has said it was confirming its target for French operating profit of 500 million euros in 2016, subject of the pursuit of consumption trends..  Full Article

Rallye H1 result group share turns to profit of 1.22 bln euros
Friday, 29 Jul 2016 

Rallye SA : Reports H1 net sales of 20.03 billion euros ($22.2 billion)versus 21.91 billion euros a year ago . H1 EBITDA is 666 million euros versus 793 million euros year ago . H1 net profit group share is 1.22 billion euros versus a loss of 80 million euros a year ago . To pay an interim dividend of 1.56 euros per share . Decrease of Rallye's cost of net financial debt to 50 million euros, compared to 57 million euros in H1 2015 .Confirms 500 million euro objective for annual COI in France.  Full Article

Cnova contemplates reorganization of brazilian activities within Via Varejo
Thursday, 12 May 2016 

Cnova Nv : Reg-Cnova n.v. : cnova n.v. Contemplates reorganization of its brazilian activities within via varejo . It has entered into a memorandum of understanding ("mou") with via varejo s.a. . Deal regarding a possible reorganization of its brazilian subsidiary, cnova brazil, within via varejo. . Cnova would receive 97 million of its own shares currently held by via varejo and cash consideration ranging from usd 32 million to usd 49 million . Via varejo would reimburse a debt currently owed by cnova brazil to cnova equivalent to approximately usd 127 million . Parties expect to reach a definitive agreement with respect to proposed transaction by beginning of q3 .Cnova's parent casino would make an offer to purchase outstanding ordinary shares of cnova from its public shareholders.  Full Article

Casino SA intends to launch cash tender offer for Cnova NV shares
Thursday, 12 May 2016 

Casino SA : Intention to launch a voluntary cash tender offer on outstanding shares of cnova n.v. ("cnova") held by public shareholders . Offer price of us$5.50, hence a maximum consideration of us$196m . Transaction aims at simplifying casino group's structure and would allow cnova to refocus, through cdiscount, on e-commerce in france .Tender offer price would represent a 82% premium to last unaffected share price.  Full Article

Casino Guichard Perrachon to sell its Big C Vietnam business to Thai conglomerate Central Group for 1 billion euros
Friday, 29 Apr 2016 

Casino Guichard Perrachon SA:Is to sell its Big C Vietnam business to Thai conglomerate Central Group for 1 billion euros ($1.1 billion) including debt.  Full Article

Fitch Plans to Withdraw Casino Guichard-Perrachon SA's Ratings

(The following statement was released by the rating agency) PARIS, December 11 (Fitch) Fitch Ratings plans to withdraw Casino Guichard-Perrachon SA's and Casino Finance SA's (together Casino) on or about 11 January 2018; this is approximately 30 days from the date of this Non-Rating Action Commentary, for commercial reasons. Fitch currently rates Casino as follows: Casino Guichard-Perrachon SA: --Long-Term IDR 'BB+'/ Stable Outlook --Short-Term IDR 'B' --Long-term senior unsecured 'BB+' --Short-