Casino: adjusted EBITDA down by a quarter in 2024

(CercleFinance.com) - Casino has reported net income from continuing operations of E2.
17bn for 2024, compared with a loss of E2.56bn the previous year, while adjusted EBITDA fell 24.7% to E576m, reflecting a margin of 6.8% (-174bp).

Sales amounted to E8.48bn, down 2.6% like-for-like and 5.4% overall, after taking into account a scope effect of -1 point and a rationalization effect on the convenience brand portfolio of around -1.8 points.

While our 2024 results are still strongly marked by past difficulties, we are now fully committed to implementing our Renouveau 2028 plan, it says.

Amongst the first achievements of this plan, Casino highlights a streamlining of its store base, with the exit of 768 unprofitable outlets, the opening of 266 stores and the transfer of 95 integrated stores to franchise or lease management.


Copyright (c) 2025 CercleFinance.com. All rights reserved.