Carrefour has published a positive balance sheet for 2023, boosted by external growth in Brazil and in Europe. In France, the strategy of switching to franchising and leasing contracts has improved margins. E-commerce, which generates 6.2% of sales, continues to grow, but remains far from the €10 billion target for 2026.
In 2023, Carrefour announced a turnover of € 84.91 billion (up by 10.4% on a comparable basis at constant exchange rates, after a rise of 8.5% last year). 36% of sales came from private labels (up 3% in a year), driven by inflation and an expanding store base, as seen in 2022. This is an increase of 4% to 14,930 units, after a rise of 5.8% in 2022. E-commerce generated 6.2% of sales, compared with 5.1% a year earlier. GMV, at €5.3 billion, grew by 26% in 2023. As last year, the leading...
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Article authors
Morgane Monteiro
Journalist
Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.