Carrefour Reports 4% Increase in First-Half Recurring Operating Income
Carrefour Group reported recurring operating income (ROI) of €757 million for the first half of 2026, a 4% increase compared to the same period last year. The growth was driven by strong performances in France, Spain, and Brazil, which together saw an ROI rise of 9%. On a constant currency basis, the increase was more modest at 1.8%. Net sales for H1 reached €39.43 billion, up slightly to 2% on current exchange rates. Despite this positive trend in recurring income, overall operating profit fell from €702 million to €606 million year-on-year due to a narrowing loss of €92 million from discontinued operations compared with the previous period's loss of €590 million. Net income for continuing operations improved significantly, rising from a loss of €401 million in H1 2025 to a profit of €30 million this year. Carrefour reaffirmed its target of achieving €130 million in synergies by 2027 following the acquisition of former Cora and Match sites. The company also completed the sale of its Romanian operations on June 30, maintaining full-year guidance that includes high single-digit earnings per share growth.
Topics: geographic_performances net_sales operating_income recurring_operating_income