Carrefour H1 Operating Profit Rises, However France Lags
Carrefour posted a stronger-than-expected 5.8% rise in first-half operating profits, as robust international operations offset weakness in its core French market amid cut-throat competition among supermarket retailers.
The performance highlights some of the progress but also the challenges facing chief executive Alexandre Bompard, as he marks his first year at the job at the helm of Carrefour and aims to revive the fortunes of Europe's largest retailer.
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