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Carrefour sees more upside from Cora and Match acquisition

2024.07.01 19:16

(Reuters) – Europe’s biggest food retailer Carrefour (EPA:) said on Monday it was expecting greater financial benefits from the acquisition of the Cora and Match retailers than previously.

© Reuters. FILE PHOTO: A customer shops at a Carrefour supermarket in Montesson near Paris, France, September 13, 2023. REUTERS/Sarah Meyssonnier/File Photo

Carrefour said it sees an additional contribution to earnings before interest, tax, depreciation and amortisation (EBITDA) of 130 million euros ($139.4 million) at an annualized rate by 2027, against 110 million euros originally.

($1 = 0.9326 euros)



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