Market Updates
Europe Movers: Carrefour, Indus, Pernod Ricard
Arthi Gupta
30 Aug, 2012
New York City
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Carrefour net loss narrowed and INDUS group sales rose to
[R]12:30 PM Frankfurt – Carrefour net loss narrowed and INDUS group sales rose to €540.7 million in the first-half. Pernod Ricard full-year net profit rose 10% to €1.201 billion on better operating performance.[/R]
Carrefour SA soared 5.4% to €16.60 after the French retailer said first-half total revenues, excluding VAT, rose 0.9% to €38.82 billion. Net loss, group share narrowed to €31 million from a net loss of €249 million last year.
INDUS Holding AG gained 0.4% to €19.34 after the holding company reported first-half group sales rose to €540.7 million from €535.6 million the prior year. Net income for the first half fell to €23.5 million, from net income of €33.3 million last year.
Pernod Ricard SA fell 1.3% to €86.60 after the spirits and wines producer said fiscal full-year 2012 net sales improved 7% to €8.215 billion, from a year earlier. Net profit rose 10% to €1.201 billion compared to the previous year on better operating performance.
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