GPA and Carrefour compete for market leadership in Brazil

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26 February 2018 à 18h04

Updated on 10 May 2019 à 17h20

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1 minute

Publication: 26 February 2018 à 18h04, Updated on 10 May 2019 à 17h20

Reading time: 1 minute

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Publication

26 February 2018 à 18h04

Updated on 10 May 2019 à 17h20

Reading time

1 minute

Publication: 26 February 2018 à 18h04, Updated on 10 May 2019 à 17h20

Reading time: 1 minute

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In 2017, Carrefour posted gross revenue of US$16.2 billion (+6.1% from 2016) while GPA expanded its revenue (including petrol stations) by 8.2% to US$15 billion. The revenue gap between both firms is now US$1.2 billion, compared with US$1.4 billion in 2016. Despite a slight increase in like-for-like sales, Carrefour continues to show less of a net return against the rival GPA, with greater price sensitivity for commodities.

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