OREANDA-NEWS. Carrefour: 2016 1st Quarter Sales.

First Quarter 2016 Sales: €20.1bn

Good start to the year, accelerating growth in international markets

Reported growth of the +3.8% ex petrol, +3.1% like-for-like

• International: Reported growth of +6.4% ex petrol and ex currencies, +5.3% on a like-for-like basis

. Accelerating growth in Europe; all countries posted like-for-like sales growth

. Continued excellent performance in Latin America

. Very good momentum in Taiwan; in China, like-for-like sales improved sequentially versus Q4 2015

• France: Stable reported sales ex petrol on a strong comparable base (+7.9% in Q1 2015)

. Further growth in food sales

. Acceleration of conversion of stores acquired from Dia, as previously announced; 115 stores converted in Q1

. Roll-out of omni-channel including the contribution of Rue du Commerce