20/2/2025–|Last update: 20/2/20258:06 p.m. (Mecca time)
The French retail chain “Carrefour Group” announced that its net profits have decreased during the previous financial year to 723 million euros ($ 757 million), against 1.66 billion euros (1, $ 73 billion) in the previous year.
And the reason for the decline was that the environment of the retail market is always affected by high inflation rates.
These results also intervene after a large popular boycott in the Middle East, in the context of the appearance of the French brand as a supporter of Israel in the Gaza War.
Last November, Carrefour stores were forced to close all branches in Jordan following the boycott.
This decision came after major popular boycott campaigns targeting Carrefour in Jordan and other brands that were considered favorable to Israel.
Campaigns in Jordan resulted in a decrease in crossroads of crossroads of more than 75% since the Israeli aggression on the Gaza Strip began in October 2023.
The net profit of the series after excluding the special items was 1.08 Billion euros (1.13 Billion dollars), equivalent to 1.61 euros per share ($ 1.69), compared to 1.22 Billion euros (1.27 Billion dollars), Equivalent to 1.71 euros (1.79 dollars ) by action in 2023.
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Carrefour sales
The Value of the Net Carrefour Sales During The Past Year Amounted To 85.44 Billion Euros (89.46 Billion Dollars) Compared to 83.27 Billion euros (87.19 Billion Dollars) During the previous Year, While the Total Revenue Reached 87.27 Billion euros (91.38 Billion dollars) Compared to 84.9 billion euros ($ 88.9 billion) during the same period.
“In 2024 and in a market environment which is still affected by the inflation period, the Carrefour group has strengthened its competitiveness, its commercial dynamics and its profitability in its fundamental countries, and the group currently provides good financial results and indicators Confirming strong progress in his progress in his strategic plan “.
Meanwhile, the group announced the launch of a complete strategic review of its commercial portfolio, including all its organizational activities and models, and as the first step in this process, the Carrefour series has decided to buy all the Actions of its Brazilian branch “Carrefour Brazil”.