Slide 1: Carrefour Q3 2011 sales
Carrefour Q3 2011 sales 13 October 2011
Slide 2: Flat Q3 sales in a tougher environment
Flat Q3 sales in a tougher environment Flat sales in Q3: – Decrease in ex‐petrol LFL adjusted for calendar: ‐0.6% – Including +1.1% impact from new sqm, sales ex‐petrol at constant exchange rates adjusted for calendar were up 0.5% … – … and down ‐0.8% including a ‐1.3% impact from currencies France:
Slide 3: Slight constant-currency sales growth driven by expansion
Slight constant‐currency sales growth driven by expansion Change in Q3 2011 sales, excluding petrol (Index Q3 2010 = 100; % change) +0.5 (0.6) 1.1 100.5 0.1 (1.3) 100 (0.7) (0.8) 99.4 99.2 Calendar Q3 2011 sq.m & Q3 2011 Like Q3 2011 Q3 2010 impact LfL acquisitions const. FX Fx impact for like curre
Slide 4: Reset in France, resilience in Europe, ongoing growth in Latam, slowdown in Asia
Reset in France, resilience in Europe, ongoing growth in Latam, slowdown in Asia Change in sales excluding petrol adjusted for calendar impact (%) Q1 2011 Total Q2 2011 LFL (constant exchange rates) Q3 2011 0.2 0.2 France (0.6) (1.0) (1.9) (2.3) (4.1) (3.0) Europe (3.8) (3.0) (3.1) (2.6) 13.4 7.3 La
Slide 5: France: LFL sales deteriorate as action plan launched
France: LFL sales deteriorate as action plan launched Change in Q3 2011 sales, ex‐petrol (index Q3 2010 = 100; % change) (2.3) 0.4 100 0 97.7 98.1 Q3 2010 Like Calendar Q3 2011 sqm & Q3 2011 for like impact LFL adj. for acquisitions adj. for calendar calendar Ex‐petrol, ex‐calendar LFL sales down 2.
Slide 6: Spain: Resilient performance in a tough context
Spain: Resilient performance in a tough context Change in Q3 2011 sales, excluding petrol (index Q3 2010 = 100; % change) 100 (4.1) 0.8 1.2 97.9 96.7 Q3 2010 Like Calendar Q3 2011 sqm & Q3 2011 for like impact LFL adj. for acquisitions adj. for calendar calendar Resilient performance in a difficult
Slide 7: Italy: Continued underperformance
Italy: Continued underperformance Change in Q3 2011 sales, excluding petrol (index Q3 2010 = 100; % change) 100 (4.2) 0.6 (2.1) 96.4 94.3 Q3 2010 Like Calendar Q3 2011 sqm & Q3 2011 for like impact LFL adj. for acquisitions adj. for calendar calendar Overall performance of ‐6.3% with LFL ex‐petrol e
Slide 8: Belgium: Further evidence of turnaround
Belgium: Further evidence of turnaround Change in Q3 2011 sales, excluding petrol (index Q3 2010 = 100; % change) 2.7 (0.1) 102.6 (3.8) 100 98.8 Q3 2010 Like Calendar Q3 2011 sqm & Q3 2011 for like impact LFL adj. for acquisitions adj. for calendar calendar Growth in LFL sales (+2.6% ex petrol adjus
Slide 9: Brazil: Continued growth, supported by improvement in hypermarkets
Brazil: Continued growth, supported by improvement in hypermarkets Change in Q3 2011 sales, excluding 4.6 (0.9) 103.7 (2.7) 101 petrol, at constant exchange rates 100 (index Q3 2010 = 100; % change) Hypers 2.8 107.5 Q32010 Like Calendar Q3 2011 sqm & Q3 2011 (0.5) 104.7 for like impact LFL adj. for
Slide 10: China: Expansion offsets decline in non-food sales
China: Expansion offsets decline in non‐food sales Change in Q3 2011 sales, excluding petrol, at constant exchange rates (index Q3 2010 = 100; % change) 8.5 106.4 100 (1.7) 97.9 (0.4) Q3 2010 Like Q3 2011 sqm & Q3 2011 Calendar for like LFL adj. for acquisitions adj. for impact calendar calendar • S
Slide 11: Carrefour Planet: Rollout on track
Carrefour Planet: Rollout on track 50 Carrefour Planet at end Sept. 2011 – France: 15 – Spain: 27 – Belgium: 6 – Italy: 1 – Greece: 1 On track to operate 82 Carrefour Planet in Europe at year‐end 11
Slide 12: Outlook
Outlook Macroeconomic conditions likely to remain challenging in the coming months within an increasingly uncertain environment Unchanged priorities: – Specific Action Plan in France – Adapting to the new context in Southern Europe – Transformation Plan and cost cutting delivery – Pursue growth ambi
Slide 13: Carrefour Q3 2011 sales
Carrefour Q3 2011 sales 13 October 2011