Slide 1: Q1 2017 Sales
Q1 2017 SALES April 13th, 2017
Slide 2: Total Q1 Sales: Solid 6.2% growth
TOTAL Q1 SALES: Solid 6.2% growth CHANGE IN Q1 SALES +3.9% +1.3% +6.2% +1.4% +0.5% +1.9% -1.6% +0.6% +1.0% €21.3 €20.4 €20.3 bn €20.1 bn bn bn Q1 2016 LFL Stores Q1 2017 Calendar Acquisitions/ Q1 2017 Forex Petrol Q1 2017 ex petrol openings / organic Disposals at constant at current ex calendar clos
Slide 3: France: LFL sales growth, solid performance in smaller formats
France: LFL sales growth, solid performance in smaller formats Total Sales Hypermarkets Supermarkets Other formats Sales inc. VAT (€m) 9,406 4,848 3,053 1,505 Total variation +0.8% -0.8% +1.1% +5.5% LFL ex petrol ex calendar +0.5% -1.6% +2.2% +4.4% ● Further growth in a continued highy promotional c
Slide 4: Other European Countries: Further sales growth on the back of strong comparables
Other European Countries: Further sales growth on the back of strong comparables Europe Spain Italy Belgium Sales inc. VAT (€m) 5,384 2,110 1,328 1,026 Total variation +3.6% +4.3% -0.4% -2.7% LFL ex petrol ex calendar +0.9% +0.3% +1.6% -1.8% Organic growth ex petrol ex calendar +1.3% +0.8% 0.0% -2.1
Slide 5: Latin America: Continued strong sales growth despite slowdown in inflation
Latin America: Continued strong sales growth despite slowdown in inflation LatAm Brazil Sales inc. VAT (€m) 4,518 3,666 Total variation +30.9% +37.6% LFL ex petrol ex calendar +7.8% +5.6% Organic growth ex petrol ex calendar +11.7% +10.5% ● Robust sales growth in the region in a difficult environmen
Slide 6: Asia: Sequential improvement in the region, continued growth in Taiwan
Asia: Sequential improvement in the region, continued growth in Taiwan Asia China Sales inc. VAT (€m) 1,987 1,446 Total variation -4.1% -8.6% LFL ex petrol ex calendar -4.0% -5.5% Organic growth ex petrol ex calendar -2.3% -4.1% ● Slowing inflation in China ● 9th consecutive quarter of growth in Taï
Slide 7: Key Takeaways
KEY TAKEAWAYS Continued momentum, with strong LFL and overall sales growth in Q1: ● Solid sales growth in Q1 ● LFL sales growth in France, solid performance of smaller formats ● Further growth in Europe on the back of strong comparables ● Continued strong sales growth in Latin America despite slowdo