Stock Market News

Carrefour CEO says well placed to deal with sustained inflation

2022.06.21 20:07

Carrefour CEO says well placed to deal with sustained inflation
FILE PHOTO: View of a Carrefour Hypermarket store in Nantes, France, February 4, 2022. REUTERS/Stephane Mahe

DUBLIN (Reuters) – Carrefour (EPA:CARR)’s chief executive said global inflation is here to stay and that the supermarket chain is well placed to manage it due to its mix of businesses and experience in dealing with rapid inflation in South America.

“We have strong discipline of course, it’s very important in this moment and we are very experienced with inflation because of our presence in Latin America, in Brazil and in Argentina,” Alexandre Bompard said.

“When we speak with our CEO of Argentina, we say it’s very serious because we have 5% inflation in Europe. He says okay, I have 75% or 80% each week. So we are capable of managing that,” Bompard told the Consumer Goods Forum’s Global Summit conference.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 84,225.57 0.01%
ethereum
Ethereum (ETH) $ 1,912.30 1.19%
tether
Tether (USDT) $ 1.00 0.01%
xrp
XRP (XRP) $ 2.34 3.34%
bnb
BNB (BNB) $ 605.82 0.22%
solana
Solana (SOL) $ 130.16 3.36%
usd-coin
USDC (USDC) $ 1.00 0.01%
cardano
Cardano (ADA) $ 0.712467 4.84%
dogecoin
Dogecoin (DOGE) $ 0.171267 2.97%
tron
TRON (TRX) $ 0.216481 2.81%
staked-ether
Lido Staked Ether (STETH) $ 1,905.42 1.55%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,108.54 0.02%
pi-network
Pi Network (PI) $ 1.41 3.46%
leo-token
LEO Token (LEO) $ 9.77 0.31%
chainlink
Chainlink (LINK) $ 13.72 2.12%
the-open-network
Toncoin (TON) $ 3.42 0.92%
usds
USDS (USDS) $ 0.999964 0.05%
stellar
Stellar (XLM) $ 0.268274 2.35%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,266.10 2.20%
hedera-hashgraph
Hedera (HBAR) $ 0.189463 1.55%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 5.20%
avalanche-2
Avalanche (AVAX) $ 18.88 1.93%
sui
Sui (SUI) $ 2.28 3.25%
litecoin
Litecoin (LTC) $ 90.37 2.58%
bitcoin-cash
Bitcoin Cash (BCH) $ 333.33 3.25%
mantra-dao
MANTRA (OM) $ 6.80 3.89%
polkadot
Polkadot (DOT) $ 4.31 1.69%
ethena-usde
Ethena USDe (USDE) $ 0.999923 0.01%
weth
WETH (WETH) $ 1,910.13 1.32%
bitget-token
Bitget Token (BGB) $ 4.42 0.67%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.997742 0.15%
hyperliquid
Hyperliquid (HYPE) $ 13.52 7.76%
whitebit
WhiteBIT Coin (WBT) $ 28.78 0.22%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,029.35 1.33%
monero
Monero (XMR) $ 211.03 0.43%
uniswap
Uniswap (UNI) $ 6.14 0.04%
susds
sUSDS (SUSDS) $ 1.04 0.06%
dai
Dai (DAI) $ 0.999915 0.01%
aptos
Aptos (APT) $ 5.25 1.86%
near
NEAR Protocol (NEAR) $ 2.59 2.17%
pepe
Pepe (PEPE) $ 0.000007 4.79%
okb
OKB (OKB) $ 46.98 1.24%
mantle
Mantle (MNT) $ 0.816137 9.58%
internet-computer
Internet Computer (ICP) $ 5.70 1.46%
ethereum-classic
Ethereum Classic (ETC) $ 17.69 1.78%
ondo-finance
Ondo (ONDO) $ 0.84449 3.15%
gatechain-token
Gate (GT) $ 21.50 0.18%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 84,367.60 0.17%
aave
Aave (AAVE) $ 168.05 3.46%
tokenize-xchange
Tokenize Xchange (TKX) $ 29.98 2.28%