Europe: latest news, insights and analysis | ESM Magazine

Carrefour Posts Double-Digit Sales Growth In Q1, Confirms Full-Year Outlook

French retailer Carrefour has reported like-for-like sales growth of 13.5% in the first quarter of its financial year on the back of the 'sound execut...

Haleon Names Dawn Allen As New Finance Chief

Consumer healthcare firm Haleon has appointed Tate & Lyle executive Dawn Allen as its new chief financial officer, effective 1 November 2024.

Cava Producer Freixenet To Lay Off 80% Of Workforce Due To Drought

Spanish cava producer Freixenet has presented a plan to temporarily lay off 615 workers due to the drought affecting the Penedes area in Cataloni...

EuroCommerce Re-Elects Juan Manuel Morales As President

EuroCommerce, which represents the retail and wholesale sector in Europe, has re-elected Juan Manuel Morales as its president, with the Spaniard's second t...

Aryzta Reiterates 2024 Guidance, Q1 Organic Revenue Growth Aligns With Expectations

Aryzta has reported a 0.1% year-on-year increase in organic revenue growth to €514 million in the first quarter, which the bakery giant says aligns wi...

L’Oréal Sees First-Quarter Sales Up On Strong Mass Market Demand

L’Oréal reported a 9.4% rise in first quarter sales on a like-for-like basis, beating expectations and easing concerns about a slowdown in the...

EuroCommerce Calls On EU Institutions To 'Reprioritise' Single Market

EuroCommerce, which represents the retail and wholesale markets at a European level, has called on EU institutions and social partners to 'reprioritise' th...

French Dairy Group Lactalis Says 2023 Profitability Hit By Inflation

Lactalis said its sales had risen by 4.3% to €29.5 billion ($31.51 billion) in 2023, but its net profit margin remained low as inflation pressured con...