Previous close | 5.1275 |
Open | 5.1550 |
Bid | 4.8960 x 0 |
Ask | 5.0950 x 0 |
Day's range | 4.8060 - 5.2500 |
52-week range | 4.8060 - 17.8700 |
Volume | |
Avg. volume | 111,635 |
Market cap | 584.03M |
Beta (5Y monthly) | 0.98 |
PE ratio (TTM) | N/A |
EPS (TTM) | -2.7900 |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 09 May 2019 |
1y target est | N/A |
(Bloomberg) -- French grocer Casino Guichard Perrachon SA is beginning court-supervised talks with its creditors, a process that could clear the way for the debt-laden company to land an equity investment from Czech investor Daniel Kretinsky. Most Read from BloombergEmerging US Debt Deal Would Raise Limit, Cap Spending for Two YearsCathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeEurope’s Economic Engine Is Breaking DownCredit Suisse Loses Singapore Case Against Georgian Billionai
Groupement Les Mousquetaires and Casino group sign a protocol to extend the scope of their partnerships and optimize their respective networks Paris, 26 May 2023 Following exclusive discussions on 24 April 2023, Groupement Les Mousquetaires and Casino group today signed a protocol of intent that deepens and significantly extends their industrial and purchasing partnerships, and optimizes their respective networks. Under this protocol, Groupement Les Mousquetaires and Casino group are extending t
Initiation of conciliation procedure Paris, 26 May 2023 Further to its press releases of 24 April 2023, the Casino group has received the consent of the senior secured lenders under its Term Loan B Facility and Revolving Credit Facility (“RCF”) as well as the Quatrim secured bonds1 and the unsecured bonds issued by Casino and subject to New York law (coming due in 2026 [code: XS2276596538] and 2027 [code: XS2328426445]) in order to request the appointment of conciliators (conciliateurs) without
Composition of the Board of Administration Paris, May 19, 2023 In order not to avoid any risk of conflict of interest within the framework of the study by the Casino group of the proposal of EP Global Commerce a.s. and not to interfere in any way with the work of the Board of Administration, Fimalac has informed Casino, Guichard-Perrachon of his decision to resign from his position as administrator, with immediate effect. ANALYSTS AND INVESTORS CONTACTSChristopher WELTON – Phone number: +33 (0)1
Extension of the solicitation period for certain creditors and bondholders of the Casino Group regarding the possibility of initiating conciliation proceedings Paris, 16 May 2023 In response to today's reports in the press and broadcast media and further to the press release issued on 24 April 2023, with regard to the solicitation of consents from certain Casino Group creditors and bondholders regarding the possibility of initiating conciliation proceedings to guide its upcoming discussions in c
Casino General Meeting of 10 May 2023:Summary report and Casino Group reaction to market rumors Paris, 10 May 2023 The Combined General Meeting of Casino Guichard Perrachon shareholders met on 10 May 2023 at the Maison de la Chimie in Paris, under the chairmanship of Jean-Charles NAOURI, Chairman and Chief Executive Officer of the Group. All 28 resolutions submitted were approved by a very large majority (each in excess of 95%). With regard to the market rumors echoed by the press and certain au
FIRST-QUARTER 2023 Consolidated net sales of €5.4bn1, up +1.0% on a same-store basis: France Retail down -0.4% on a same-store basis, reflecting a sequential acceleration for the Parisian and convenience banners (+4.6% after +2.8% in Q4 2022) and hypermarket and supermarket net sales still down significantly pending the impact of price adjustmentsContinued strong growth in Latin America (+9.5% on a same-store basis), with good performances at GPA and Grupo Éxito Significant events of first-quart
Proposal by EP Global Commerce a.s. for capital increases for an aggregate amount of EUR 1.1 billion Solicitation of consents from certain creditors and bondholders of the Casino Group regarding the possibility of initiating conciliation proceedings to guide upcoming discussions with creditors in connection with EP Global Commerce a.s.’ proposal on the one hand and the continuation of the Project TERACT on the other hand Paris, 24 April 2023 Further to the press release issued today by Casino re
Groupement Les Mousquetaires, TERACT and Casino Group are in exclusive discussions to further develop their industrial and purchasing partnerships and optimise their respective networks Paris, 24 April 2023 As part of the project to create a new major French player in responsible and sustainable retail activities that enhance farmers’ revenue as announced on 9 March 2023 by Casino Group and TERACT, Groupement Les Mousquetaires, Casino Group and TERACT announce that they are in exclusive discussi
CASINO, GUICHARD-PERRACHONA French société anonyme (joint-stock company) with share capital of €165,892,131.90Registered office: 1, Cours Antoine Guichard42000 Saint-Etienne, FranceRegistered with the Saint-Etienne Trade and Companies Registry Availability of information relatedto the Ordinary and Extraordinary Annual General Meetingof 10 May 2023 CASINO, GUICHARD-PERRACHON’s shareholders are invited to participate in the Ordinary and Extraordinary Shareholders’ Meeting which will be held on fir
Appointment of Magali Daubinet-Salen as Chief Executive Officer of Casino Banners Paris, 5 April 2023 Magali Daubinet-Salen has been appointed Chief Executive Officer of Casino Banners, which encompasses the #Hyper Frais, Casino Supermarchés and Casino Proximités stores. She takes up her new position today, replacing Tina Schuler. Also, Vincent Doumerc, Chief Executive Officer of Franprix, has been given additional responsibility for developing Leader Price, formerly part of Distribution Casino
RELEASE OF THE 2022 UNIVERSAL REGISTRATION DOCUMENT 2022 French Universal Registration Document for Casino, Guichard-Perrachon, was filed with the “Autorité des Marchés Financiers” (“AMF”) on 4th April 2023 under the number D.23-0227 This includes the following information: n 2022 Annual Financial report, n The declaration of non-financial performance, n The report of the Board of Directors on corporate governance, n A description of the share buyback program. Copies of 2022 Universal Registrati
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON LOCATED OR RESIDENT IN, THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT. Successful tender offer for the Quatrim notes maturing in January 2024 Paris, 31 March 2023 Casino Group announces the success of the tender offer launched on 24 March 2023 for the notes issued by its subsidiary Quatrim S.A.S. which mature on 15 January 2024. This transact
RELEASE OF THE 2022 ANNUAL FINANCIAL REPORT The Group has released its 2022 annual financial report in French on its website. It is available following this link: https://www.groupe-casino.fr/wp-content/uploads/2023/03/20230321-Rapport-Financier-Groupe-Casino-2022.pdf ANALYST AND INVESTOR CONTACTS Christopher Welton – +33 (0)1 53 65 64 17 cwelton.exterieur@groupe-casino.fr or +33 (0)1 53 65 24 17 IR_Casino@groupe-casino.fr PRESS CONTACTS Casino Group – Communications DepartmentStéphanie Abadie –
Secondary offering selling price of part of Casino’s Assaí stake Paris, 17 March 2023 Casino Group announces today the completion of the book building process of the secondary offering announced on 14 March 2023. As part of the offering, 254 million Assaí shares held by Casino Group (including 2.3 million shares represented by ADS, each ADS consisting of 5 Assaí shares), representing 18.8% of Assaí’s share capital, were allocated at a selling price of BRL 16.00 per share (USD 15.13 per ADS) for
By Scott Kanowsky
Sale of part of Casino’s stake in Assaí Paris, 14 March 2023 Casino Group has today launched the sale of part of its stake in Assaí for 174 million common shares (including common shares represented by ADSs), representing 12,9% of Assaí’s share capital, in order to accelerate its deleveraging. This amount may be increased by up to 80 million common shares (including common shares represented by ADSs), representing an additional 5,9% of Assaí’s share capital. The sale, which was approved by Casin
By Scott Kanowsky
RELEASE OF THE FULL YEAR 2022 EARNINGS PRESENTATION The Group has released its full-year 2022 earnings presentation on its website. It is available following this link: https://www.groupe-casino.fr/wp-content/uploads/2023/03/full-year-results-2022_presentation.pdf ANALYST AND INVESTOR CONTACTS Christopher Welton – +33 (0)1 53 65 64 17cwelton.exterieur@groupe-casino.fr or +33 (0)1 53 65 24 17IR_Casino@groupe-casino.fr PRESS CONTACTS Casino Group – Communications DepartmentStéphanie Abadie – sabad
2022 FULL-YEAR RESULTS Consolidated net sales at €33.6bn, up +5.2% on a same-store basis1, including €14.2bn for France Retail (+1.5%), €1.6bn for Cdiscount (-20.5%) and €17.8bn in Latam (+12.3%) Consolidated EBITDA at €2,508m (stable vs. 2021) and consolidated trading profit at €1,117m (stable vs. 2021 in H2, -6% over the year) In France, EBITDA for the retail banners was €1,199m (-2% in H2, -6% over the year) and trading profit was €421m (stable in H2, -12% over the year), with an increase in
TERACT and Casino Group sign an exclusive agreement to create the French leader in responsible and sustainable retail activities Paris, March 9th 2023, TERACT and Casino Group announce that they have entered into an exclusive agreement with an objective to enter into a binding agreement to create the French leader in responsible and sustainable retail activities. TERACT and Casino Group share a common vision of the challenges facing the retail industry to meet new consumer expectations and envir
Study of a potential sale of part of Casino’s stake in Assaí Paris, 7 March 2023 In order to accelerate its deleveraging, Casino Group announces that it has initiated a study of a potential new sale of part of its stake* in Assaí for an amount of approximately US$600 million, which could be increased depending on market conditions. No final decision has been made on this potential transaction, which would take the form of a secondary public offering. In this context, Casino Group has instructed
2022 FOURTH QUARTER AND FULL-YEAR NET SALES Strong growth in Latin America; accelerated expansion in France Consolidated net sales growth in 2022 driven by Latin America and buoyant formats in France in an inflationary environment Consolidated net sales: €33.6bn (+5.2% on a same-store basis, +10% as reported) France Retail: up +1.5% on a same-store basis, with a solid performance from convenience (+6.6%) and Franprix (+3.4%) Cdiscount: improvement in the business mix with a marketplace GMV contr
CASINO, GUICHARD-PERRACHON S.A. 2024 Notes (ISIN : FR0011765825)and2026 Notes (ISIN : FR0012074284) Notes cancellation Paris, February 6, 2023, Casino, Guichard-Perrachon S.A. today cancelled (i) a nominal amount of Euro 19,900,000 of the 2024 Notes and (ii) a nominal amount of Euro 10,500,000 of the 2026 Notes. Both cancellations were made following buybacks in the market. Accordingly, the aggregate outstanding nominal amount of the 2024 Notes has been reduced to Euro 509,100,000 and the aggreg
Casino's preliminary talks with Teract to combine their French retail activities perplexes some analysts, who say a deal wouldn't address the supermarket group's urgent need to slash debt. Casino, controlled by 73-year-old Jean-Charles Naouri, faces a wall of debt, starting with about 1.3 billion euros ($1.42 billion) of secured and unsecured bonds due next year for French activities, according to credit rating firm S&P. It recently cut its rating for Casino, highlighting the company's need "to fix the current cash burn." Naouri has pledged to sell 4.5 billion euros' worth of assets at Casino - owner of the Monoprix, Franprix and Naturalia brands - by the end of this year, 90% of which had already been completed by last October.