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1、Q12003SALESINCL.VATApril10,2003Q103salesincludingVATincrease6.0%onconstantexchangeratesthankstothemultiformatstrategyandacceleratingexpansion.159newpointsofsalesunderGroupbanners.Q12003salesLikeforlikeExpansionTotaloncttCurrenciesTotalexchratesimpact(m€)(%)(%)(%)(%)(%)FRANCE93991.51
2、.12.6-2.6EUROPEexFce63943.14.47.5-0.57.0LATINAMERICA12328.95.214.1-48.6-34.5ASIA1258-3.615.011.4-16.7-5.3TOTAL182822.53.56.0-6.4-0.4st•The1quarter,witha6.0%increaseinsalesincludingVATonconstantexchangerates,reflectsagoodyearbeginning,with2.5%comingfromcomparablestoresand3.5%fromnews
3、tores.Aftertheimpactofexchangeratesof–6.4%,salesdecrease-0.4%.•Inthegroup’s5biggestEuropeancountries-France,Spain,Italy,BelgiumandGreece–Carrefour’sdomesticmarket,salesincrease4.2%andrepresent82%ofthe1stquartertotal.•Thequarterismarkedbyanegativecalendarimpactofaround-0.9%(EasterinM
4、archin2002,ndinAprilin2003).The2quarterwillhaveapositivecalendarimpactestimatedat+1.2%.•Inthefirstquarter,3hypermarkets,25supermarkets,83harddiscountstores,47conveniencestoresand1cashandcarryhaveopenedundertheGroupbanners,atotalof159newpointsofsalesvs52inQ102.•Moreover,theGroupconso
5、lidatessinceJanuary20032hypermarketsacquiredinItaly,plus1underconstruction.Twootheroperationsstillunderwaywillbeconsolidatedafterapprovalsbylocalauthorities:-38harddiscountstoresinSpain:27integratedand11franchisees,-and3hypermarketsplus1projectinTianjin(China).QuarterlybreakdownChan
6、gesinlike-for-like,ofsalesperregionexpansionandcurrencies(in%)(in%)%ofsales2.93.73.52.5France51.42.72.62.50.9Europe35.0-5.7-7.1-6.4-8.0Latam6.7Q202Q302Q402Q103Asia6.9LFLCurrenciesimpactExpansionPAGE1Q12003SALESINCL.VAT•FRANCEQ12003salesLikeforlikeExpansionTotal(m€)(%)(%)(%)FRANCE939
7、91.51.12.6Hypermarkets4983-0.10.60.5Supermarkets19111.12.83.9Harddiscount4815.54.39.8Others20245.00.15.1FoodsalesinFrenchstoresat€6.5bn(78%ofsalesexcludingpetrol)increased1.3%.ThisincreasevalidatestheGroup’smulti-formatstrategy:theperformanceinfoodismainlydrivenbysupermarketswiththe
8、successofthe“Ticket
