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Retailer Casino Scraps Dividend As It Pursues Debt-Cutting Plans

Published on Jul 25 2019 6:58 AM in Retail tagged: Featured Post / France / Casino / Hypermarkets / Debt / Paywall

Retailer Casino Scraps Dividend As It Pursues Debt-Cutting Plans

French supermarket retailer Casino, which is battling investor concerns over debts and its ability to generate cash, scrapped dividends as it targeted net debts below €1.5 billion in France at the end of 2020.

Casino also confirmed its 2019 earnings and cash flow goals.

Profit Gains

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