Casino full-year profit increases, sees progress in future - 2004-03-10
French retailer Casino (CASP) showed a near 11 percent increase in 2003 net profit on Thursday and said it expected operating profit to increase over 10 percent this year thanks to a rebound in its international business and growth in France.
France's second-largest listed supermarket group claimed net profit after goodwill rose to 492.3 million euros ($605.4 million) from 445.2 million euros in 2002, while operating profit rose to 1.070 billion euros from 966 million.
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