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Guyenne et Gascogne News
Guyenne et Gascogne: 2007 Annual Turnover
PARIS, January 24 PRNewswire-FirstCall — Gross sales (in million euros) Q1 2007 Q2 2007 Q3 2007 Q4 2007 Guyenne et Gascogne 122.0 +1.9% 132.7 +1.8% 157.5 0.0% 148.3 +8.1% parent company Sogara 393.9 +0.1% 412.6 +2.1% 432.0 -0.8% 490.9 +5.3% Centros Comerciales Carrefour (Spain) Hypermarkets 2,167.1 +7.4% 2,207.3 +4.9% 2,410.9 +2.6% 2,708.1 +6.5% Supermarkets 152.8 +17.6% 167.2 +18.8% 189.5 +11.6% 183.1 +14.8% Gross sales 2007 (full-year) (in million euros) Guyenne et 560.6 +2.9% Gascogne parent company Sogara 1,729.4 +1.8% Centros Comerciales Carrefour (Spain) Hypermarkets 9,493.4 +5.3% Supermarkets 692.6 +15.4%
Since the new IFRS came into force, Sogara and Centros Comerciales Carrefour have been consolidated on an equity basis. As such, the figure for consolidated sales is that of the parent company:
As forecast, the fourth quarter of 2007 was marked by a significant increase in sales in both
Quarterly sales for the Guyenne et Gascogne parent company and the Sogara subsidiary benefited from a highly dynamic promotional effect, a sharp rise in fuel prices and a favorable basis for comparison. Over the full year, Guyenne et Gascogne and Sogara consolidated their market shares thanks to major efforts on margins, set against heightened competition and still uncertain consumption: non-food still represents a difficult sector, while food sections are growing at a significant rate.
In
2007 annual results to be published on March 19th, 2008 The Guyenne et Gascogne Group's financial information is available on the company's web site at: http://www.guyenneetgascogne.com ISIN: FR0000120289 Press contact: Calyptus Marie-Anne Garigue Tel: +33-1-53-65-68-63 Fax: +33-1-53-65-68-60 marie-anne.garigue@calyptus.net Guyenne et Gascogne contact: Marc Leguillette Tel: +33-5-59-44-55-00 Fax: +33-5-59-44-55-77 marc.leguillette@guyenneetgascogne.fr
SOURCE Guyenne et Gascogne
