Edition:
India

Rallye SA (GENC.PA)

GENC.PA on Paris Stock Exchange

5.85EUR
5 Aug 2020
Change (% chg)

€-0.27 (-4.41%)
Prev Close
€6.12
Open
€6.17
Day's High
€6.17
Day's Low
€5.85
Volume
30,459
Avg. Vol
78,558
52-wk High
€10.50
52-wk Low
€3.85

Latest Key Developments (Source: Significant Developments)

Fonciere Euris End-June Net Debt Widens To 171 Million Euros
Friday, 31 Jul 2020 

July 31 (Reuters) - FONCIERE EURIS SA ::H1 REVENUE AT EUR 16.15 BILLION VERSUS EUR 16.85 BILLION (RESTATED) YEAR AGO.NET FINANCIAL DEBT OF FONCIÈRE EURIS, BEFORE RESTATEMENT IFRS, AMOUNTED TO €171 MILLION AT 30 JUNE 2020 COMPARED TO €165 MILLION AT 31 DECEMBER 2019.H1 CURRENT OPERATING INCOME EUR 377 MILLION VERSUS EUR 453 MILLION YEAR AGO.H1 NET LOSS EUR 130 MILLION VERSUS LOSS OF EUR 171 MILLION YEAR AGO.  Full Article

Casino revenue in France up 6.1% in four weeks to June 8 - slides
Wednesday, 17 Jun 2020 

June 17 (Reuters) - Casino slides at annual shareholders meeting show::REVENUE IN FRANCE ROSE 6.1% ON SAME STORE BASIS IN FOUR WEEKS TO JUNE 8 - SLIDES.MONOPRIX SALES UP 5.1%, FRANPRIX SALES UP 12.4%, GEANT HYPERMARKET SALES DOWN 1.5% IN FOUR WEEKS TO JUNE 8 - SLIDES.CASINO SUPERMARKET SALES UP 9% IN FOUR WEEKS TO JUNE 8 - SLIDES .THE OUTPERFORMANCE OF PROXIMITY, URBAN AND E-COMMERCE FORMATS CONTINUED POST EASING OF FRENCH CORONAVIRUS LOCKDOWN - SLIDES .  Full Article

Casino CFO says French transport strike cost 80 mln euros in lost revenue
Thursday, 16 Jan 2020 

Jan 16 (Reuters) - Casino CFO David Lubek tells analysts::CFO PEGS AT AROUND 80 MILLION EUROS THE IMPACT OF TFRENCH RANSPORT STRIKE ON LOST SALES.  Full Article

Casino Signs Agreement With LDC To Sell Luché Tradition Volailles Production Plant
Wednesday, 9 Oct 2019 

Oct 9 (Reuters) - CASINO SA ::THE CASINO GROUP HAS SIGNED AN AGREEMENT WITH LDC TO SELL THE LUCHÉ TRADITION VOLAILLES PRODUCTION PLANT.THE TRANSACTION SHOULD BE FINALISED OVER THE NEXT FEW WEEKS.  Full Article

Casino has now sold 2.1 bln euros worth of assets with Vindemia deal
Monday, 22 Jul 2019 

July 22 (Reuters) - Casino ::CASINO CONFIRMS THAT WITH THE SALE OF VINDEMIA, IT HAS NOW SOLD AT THIS STAGE 2.1 BILLION EUROS WORTH OF ASSETS - SPOKESWOMAN.CASINO HAS ANNOUNCED PLANS TO DISPOSE OF AT LEAST 2.5 BLN EUROS WORTH OF ASSETS BY Q1 2020 TO REDUCE DEBT .  Full Article

Casino Group: Clarification Following Communication Of Rallye
Friday, 12 Jul 2019 

July 12 (Reuters) - CASINO SA ::REG-CASINO GROUP: CLARIFICATION OF CASINO FOLLOWING THE COMMUNICATION OF RALLYE.CONFIRMS RALLYE, EURIS AND FINATIS OPERATIONS HAVE NO IMPACT ON CONTROL EXERCISED BY RALLYE AND ITS HOLDING COMPANIES OVER CASINO.CASINO POINTS OUT THAT LOSS OF CONTROL OF CASINO BY RALLYE OR ITS HOLDING COMPANIES WOULD HAVE NO LEGAL IMPACT ON CASINO'S DEBT.LOSS OF CONTROL OF CASINO BY RALLYE WOULD NOT CONSTITUTE AN EVENT OF DEFAULT.  Full Article

Finatis: Euris Informes Finatis Of EUR 15 Million Structured Financing Arrangement
Friday, 12 Jul 2019 

July 12 (Reuters) - FINATIS SA ::EURIS HAS INFORMED FINATIS OF A 15 MILLION EUROS STRUCTURED FINANCING ARRANGEMENT (NET OF CASH COLLATERAL) CONTRACTED WITH A FINANCIAL INSTITUTION.STRUCTURED FINANCING ARRANGEMENT IN FORM OF PREPAID FORWARDS AND EQUITY SWAPS.STRUCTURED FINANCING ARRANGEMENT SECURED BY PLEDGES OVER 487,500 FINATIS SHARES, I.E. 8.6% OF SHARE CAPITAL.RELEVANT FINANCIAL INSTITUTION WOULD HAVE OPTION TO TERMINATE ARRANGEMENT AND EXERCISE RELEVANT SHARE PLEDGES.IN THIS EVENT OF PLEDGES EXERCISE, EURIS' STAKE IN FINATIS WOULD AMOUNT TO 83.8% OF SHARE CAPITAL AND VOTING RIGHTS.AS OF DATE HEREOF, FINANCIAL INSTITUTION HAS NOT EXERCISED ITS PLEDGE AND THERE IS NO ONGOING LEGAL PROCEEDING.FINATIS HAS NOT ENTERED INTO ANY STRUCTURED FINANCING ARRANGEMENT.HOLDS 90.5% OF SHARE CAPITAL AND VOTING RIGHTS OF FONCIÈRE EURIS DIRECTLY AND THROUGH ITS SUBSIDIARY CARPINIENNE DE PARTICIPATIONS.  Full Article

Fonciere Euris Contracted Total Of EUR 77.2 Mln Structured Financing Arrangements
Friday, 12 Jul 2019 

July 12 (Reuters) - Fonciere Euris Sa ::FONCIÈRE EURIS HAS CONTRACTED TOTAL OF 77.2 MILLION EUROS STRUCTURED FINANCING ARRANGEMENTS (NET OF CASH COLLATERAL) WITH CERTAIN FINANCIAL INSTITUTIONS.STRUCTURED FINANCING ARRANGEMENTS IN FORM OF PREPAID FORWARDS AND EQUITY SWAPS AS WELL AS OPTIONS SALES.FONCIÈRE EURIS' DIRECT STAKE IN RALLYE WOULD AMOUNT TO 58.1% OF SHARE CAPITAL AND 71.1% OF VOTING RIGHTS OF RALLYE.AS OF DATE HEREOF, NONE OF FINANCIAL INSTITUTIONS HAVE EXERCISED ANY OF THESE PLEDGES AND THERE IS NO ONGOING LEGAL PROCEEDING.STRUCTURED FINANCING ARRANGEMENTS SECURED BY PLEDGES OVER 11.3 MILLION RALLYE SHARES, I.E. 21.6% OF SHARE CAPITAL.  Full Article

Rallye Contracted Total Of EUR 231 Mln Structured Financing Arrangements
Friday, 12 Jul 2019 

July 12 (Reuters) - RALLYE SA ::HAS CONTRACTED A TOTAL OF 231 MILLION EUROS (NET OF CASH-COLLATERAL) STRUCTURED FINANCING ARRANGEMENTS WITH CERTAIN FINANCIAL INSTITUTIONS.STRUCTURED FINANCING ARRANGEMENTS IN FORM OF PREPAID FORWARDS AND EQUITY SWAPS.AS OF DATE HEREOF, NONE OF FINANCIAL INSTITUTIONS HAVE EXERCISED ANY OF THESE PLEDGES AND THERE IS NO ONGOING LEGAL PROCEEDINGS.STRUCTURED FINANCING ARRANGEMENTS SECURED BY PLEDGES OVER 9.5 MILLION CASINO SHARES, I.E. 8.7% OF CASINO SHARE CAPITAL.IT IS REMINDED THAT ALL MANDATORY PREPAYMENT PROVISIONS INCLUDED IN RALLYE'S BANKING DOCUMENTATIONS HAVE BEEN FROZEN FOR DURATION OF SAFEGUARD PROCEEDINGS.IN EVENT ALL OF THEM WERE EXERCISED, RALLYE'S STAKE IN CASINO WOULD AMOUNT TO 43.6% OF SHARE CAPITAL AND 53.2% OF VOTING RIGHTS.  Full Article

Retailer Casino completes 39 mln euros sale of 3 hypermarkets, 4 Casino supermarkets and 1 Leader Price store
Tuesday, 2 Jul 2019 

July 2 (Reuters) - Casino Guichard Perrachon SA ::* Casino Group has completed the sale of 3 hypermarkets, 4 Casino supermarkets and 1 Leader Price store and received 39 million euros .  Full Article

Fimalac to provide new financing for Casino's holding company

PARIS French financial group Fimalac has agreed to provide new financing facilities for Rallye , the holding company behind supermarket retailer Casino which has been under pressure to cut its debts.