Previous close | 14.02 |
Open | 13.94 |
Bid | 13.91 x 0 |
Ask | 14.03 x 0 |
Day's range | 13.94 - 13.94 |
52-week range | 13.94 - 18.42 |
Volume | |
Avg. volume | 66 |
Market cap | 9.451B |
Beta (5Y monthly) | 0.47 |
PE ratio (TTM) | 10.81 |
EPS (TTM) | 1.29 |
Earnings date | 24 Jul 2024 |
Forward dividend & yield | 0.87 (6.20%) |
Ex-dividend date | 28 May 2024 |
1y target est | N/A |
France's finance ministry has asked a court to fine retailer Carrefour over contracts with franchisee stores that it says were unbalanced in its favour, it said on Tuesday, a move the group denounced. The ministry's General Directorate for Competition Policy, Consumer Affairs and Fraud Control (DGCCRF) said in a statement that its investigations had found several companies in the group engaging in practices contrary to the French Commercial Code. The watchdog asked the Commercial Court in Rennes to declare several clauses of the contracts binding the franchisees and the Carrefour Group null and void, and to impose a financial penalty on the group, it said.
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French supermarket group Carrefour has been running hard to stand still for several years. Since chief executive Alexandre Bompard announced his original turnaround plan for the group, soon after his appointment in mid-2017, investors have suffered a 3pc loss on a total return basis.