Duyuru • Apr 04
Carrefour SA (ENXTPA:CA) acquired Magne Distribution. Carrefour SA (ENXTPA:CA) acquired Magne Distribution on April 1, 2025.
Carrefour SA (ENXTPA:CA) completed the acquisition of Magne Distribution on April 1, 2025. Duyuru • Apr 03
Carrefour SA announces Annual dividend, payable on June 03, 2025 Carrefour SA announced Annual dividend of EUR 1.1500 per share payable on June 03, 2025, ex-date on May 30, 2025 and record date on June 02, 2025. Duyuru • Feb 12
Carrefour SA (ENXTPA:CA) and Carrefour Netherlands B.V. proposed to acquire remaining 32.6% stake in Atacadão S.A. (BOVESPA:CRFB3) for BRL 5.2 billion. Carrefour SA (ENXTPA:CA) and Carrefour Netherlands B.V. proposed to acquire remaining 32.6% stake in Atacadão S.A. (BOVESPA:CRFB3) for BRL 5.2 billion on February 11, 2025. As part of the consideration, shareholders of will have the option to receive compensation in the form of shares, cash, or a combination of both. Under the proposal sent by the Controlling Shareholder, as a result of the Merger of Shares, each one (1) common share issued by the Company would be replaced by one (1) Class A, Class B or Class C Redeemable Share issued by Carrefour SA (ENXTPA:CA) and Carrefour Netherlands B.V and the choice of the class of Redeemable Shares to be received would be at the discretion of each shareholder, during an option period following approval of the Potential Transaction. The exchange ratio proposed by the Controlling Shareholder for purposes of redemption of the Redeemable Shares (a) each 1 (one) Class A Redeemable Share ("Class A Share"), will be redeemed upon payment in cash to its holder of BRL 7.7 per share, (b) each one (1) Class B Redeemable Share ("Class B Share"), shall be redeemed upon (i) the delivery of, at the sole discretion of its holder, (a) 0.04545454545454551 common share issued by CSA, admitted to trading on the Paris Stock Exchange ("CSA Shares" and "Euronext Paris", respectively); or (b) 0.04545454545454551 BDR2 issued in the context of the transaction by means of a sponsored Level 1 BDR program; and (ii) the payment in cash, to its holder, of BRL 3.85 per share and (c) each one (1) Class C Redeemable Share ("Class C Share"), shall be redeemed upon delivery of, at the sole discretion of its holder, (a) 0.09090909090909093 CSA Share; or (b) 0.09090909090909093 BDR.
In the event of a satisfactory conclusion of said negotiations, a merger agreement reflecting the terms and conditions of the transaction would be signed and a shareholders´ meeting would be convened to resolve on the Potential Transaction. Upon completion, Atacadão S.A. shares will be delisted from the Novo Mercado. The Board of Directors of Atacadão S.A. formed a special committee for the transaction. The cash consideration represents a premium of 32% over the 1-month Volume Weighted Average Price at February 10, 2025. The transaction is expected to be accretive to Carrefour Group's EPS from the first year. Its completion remains subject, in particular, to the approval of Carrefour Brazil's minority shareholders holding the free oat, during an Extraordinary General Meeting of Carrefour Brazil’s shareholders, to be held in the second quarter of 2025. If approved, the transaction is expected to be finalized before the end of the second quarter of 2025. Duyuru • Feb 08
Carrefour SA to Report Fiscal Year 2022 Results on Feb 14, 2023 Carrefour SA announced that they will report fiscal year 2022 results at 5:45 PM, Central European Standard Time on Feb 14, 2023 Reported Earnings • Jul 28
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €275.0m from profit in 1H 2021). Profit margin: (down from 0.8% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 4.6%, compared to a 7.7% growth forecast for the industry in Italy. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • May 31
Upcoming dividend of €0.52 per share Eligible shareholders must have bought the stock before 07 June 2022. Payment date: 09 June 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Italian dividend payers (4.8%). Lower than average of industry peers (4.4%). Reported Earnings • Feb 20
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €1.31 (up from €0.82 in FY 2020). Revenue: €74.1b (up 3.0% from FY 2020). Net income: €1.03b (up 55% from FY 2020). Profit margin: 1.4% (up from 0.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 1.8%, compared to a 8.4% growth forecast for the retail industry in Italy. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Director Alexandre Arnault has left the company On the 7th of September, Alexandre Arnault's tenure as Director ended after 2.4 years in the role. As of June 2021, Alexandre still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Director Alexandre Arnault has left the company On the 7th of September, Alexandre Arnault's tenure as Director ended after 2.4 years in the role. As of June 2021, Alexandre still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Director Alexandre Arnault has left the company On the 7th of September, Alexandre Arnault's tenure as Director ended after 2.4 years in the role. As of June 2021, Alexandre still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Director Alexandre Arnault has left the company On the 7th of September, Alexandre Arnault's tenure as Director ended after 2.4 years in the role. As of June 2021, Alexandre still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Director Alexandre Arnault has left the company On the 7th of September, Alexandre Arnault's tenure as Director ended after 2.4 years in the role. As of June 2021, Alexandre still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Executive Departure • Sep 08
Non-Independent Director Nicolas Bazire has left the company On the 7th of September, Nicolas Bazire's tenure as Non-Independent Director ended after 13.1 years in the role. As of June 2021, Nicolas still personally held only 1.00k shares (€16k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 3.92 years. Reported Earnings • Jul 30
First half 2021 earnings released: EPS €0.34 (vs €0.03 loss in 1H 2020) The company reported a solid first half result with improved earnings and profit margins, although revenues were flat. First half 2021 results: Revenue: €35.1b (flat on 1H 2020). Net income: €275.0m (up €299.0m from 1H 2020). Profit margin: 0.8% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 19
Upcoming dividend of €0.48 per share Eligible shareholders must have bought the stock before 26 May 2021. Payment date: 28 May 2021. Trailing yield: 2.8%. Lower than top quartile of Italian dividend payers (3.8%). Lower than average of industry peers (4.1%). Is New 90 Day High Low • Jan 05
New 90-day high: €15.02 The company is up 11% from its price of €13.53 on 07 October 2020. The Italian market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Retailing industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €40.55 per share.