Brazil's GPA Sees Sales Boost In Fourth Quarter
Brazilian retail market leader GPA has reported a 24% increase in total gross sales in the fourth quarter of 2019, to R$ 18.9 billion (€4 billion).
For full-year 2019, consolidated gross revenue at GPA, which is majority owned by France's Groupe Casino, reached R$ 61.5 billion (€13.2 billion), of which R$ 59.1 billion was generated in Brazil (+10.3%).
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