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Finance 6 May 2021

First quarter 2021 sales : strong growth in the profitability of banners and e-commerce, enabling the Group to accelerate its debt reduction

First-quarter 2021 confirmed the second-half 2020 trend of increased profitability across all geographies.

This profitability improvement led to faster debt reduction.
Consolidated net sales of €7.1bn, stable on a same-store basis, and up 6.5% over 2 years.
In France, excellent quarter for Cdiscount, with marketplace revenues up +43%.
In Latin America, growth remained very strong at Assaí, with sales up +21%.

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Responsible employer committed to the development of skills and the well-being of its employees, the Casino group implements innovative human resources policies, consistent with its approach to social, societal and environmental responsibility.

The Casino group is also a local community player, rooted in the regions where its stores are located.

Casino Group’s Corporate and Social policy aims at offering more responsible consumption patterns and improving the sustainability of its business model by supporting relations of trust with all the stakeholders with whom it maintains a permanent dialogue.

Inventing the world of tomorrow and creating the retail sector of the future – those were Casino Group’s objectives for its sustainable growth model. The priority: improve our impact on the world around us.

The Group deploys concrete actions on a daily basis with its banners. These actions are presented in our newsroom. Find our latest news and all of our press releases.

Historical player in the retail industry in France since 1898, No. 1 network of convenience stores and and No. 2 in e-commerce, the Casino groupe has more than 8,600 stores.

With a clear vision of changes in the sector, its ambition is to accelerate the transformation of commerce by positioning itself on future formats: proximity, premium and e-commerce.

First quarter 2021 sales : strong growth in the profitability of banners and e-commerce, enabling the Group to accelerate its debt reduction

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