French sales slide compared with surge a year ago Latin America sales climb 4% in the quarter (Adds details from CFO call with analysts)
PARIS, May 6 (Reuters) - French retailer Casino said on Thursday it was considering a stock market listing among the options for its GreenYellow renewable energy subsidiary as it seeks to cut debt.
Revenue growth slowed sharply in the first quarter, with a 6.4% fall in sales on a same-store basis in Casino’s core French market, compared to a year ago when sales had surged in the first wave of coronavirus lockdown restrictions.
Casino repeated its pledge to boost profitability and cash flow this year in France, which showed greater profitability in the first quarter with the help of cost savings.