Frederick Wild
Analyst, Jefferies
Replay available
Carrefour Sa (OTC: CRERF) Q2 2025 earnings conference call, held 2025-07-24. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:05.236 Good day, and thank you for standing by. Welcome to the Cal4 Half Year 2025 Results 00:00:05.236 -- 00:00:10.421 Webcast and Conference Call. At this time, all participants are in a listen-only mode. 00:00:10.421 -- 00:00:13.724 After the speaker's presentation, there will be a question and answer session. 00:00:13.724 -- 00:00:19.230 To ask a question during the session, you will need to press star 1 and 1 on your telephone. 00:00:19.230 -- 00:00:22.973 You will then hear an automated message advising your hand is raised. 00:00:22.973 -- 00:00:26.917 To withdraw your question, please press star 1 and 1 again. 00:00:26.917 -- 00:00:30.288 Please be advised that today's conference is being recorded. 00:00:30.288 -- 00:00:33.793 I would now like to hand the conference over to your first speaker today, Mr. 00:00:33.793 -- 00:00:39.458 Alexandre Pompard, Chairman and CEO. Please go ahead, sir. 00:00:39.721 -- 00:00:44.847 Thank you. Good evening, everyone. Thank you for joining 00:00:44.847 -- 00:00:50.552 today's call to review our performance for the first half of 2025. 00:00:50.915 -- 00:00:56.162 As mentioned in our press release, the second quarter marks 00:00:56.162 -- 00:01:01.309 an acceleration in our markets. and the good commercial performance in 00:01:01.309 -- 00:01:05.915 our three main geographies, France, Brazil, and Spain. 00:01:05.915 -- 00:01:11.003 In Europe, several factors are supporting the recovery in 00:01:11.003 -- 00:01:12.465 consumption. 00:01:12.465 -- 00:01:17.533 After two challenging years, market dynamics are clearly improving 00:01:17.533 -- 00:01:22.661 as purchasing power is up, supported by rising wages 00:01:22.661 -- 00:01:27.724 and lower inflation. This is a sign of a developing on 00:01:27.724...