Casino Guichard-Perrachon SA (OTCPK:CGUIF)
$ 3.25 0 (0%) Market Cap: 460.52 Mil Enterprise Value: 3.50 Bil PE Ratio: 0 PB Ratio: 0.33 GF Score: 50/100
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Q3 2021 Casino Guichard Perrachon SA Trading Statement Call Transcript

Nov 04, 2021 / 05:00PM GMT
Release Date Price: $2905.22
Operator

Welcome to the Third Quarter 2021 of Casino Group Conference Call. I now hand over to Mr. David Lubek, Chief Financial Officer of Casino Group. Sir, please go ahead.

David Julien Emeric Lubek;tÃ;Anonyme;CFO
Casino, Guichard-Perrachon SociÃ

©©-

Thank you. Good evening, everyone. Thank you for attending our quarterly results conference call. For most of the past 18 months until last July, the pandemic is a key factor in our environment. We have to adapt our operations, and we did sell quickly and effectively by leveraging our key strengths, convenience, urban stores and our exclusive assets and partnerships in food e-commerce. We also took advantage of our technological capabilities to reduce our costs substantially in our stores and back office, leading to a high level of profitability in all our banners, the (inaudible) hypermarkets and, indeed, at a positive level in hypermarkets. As a result, we have emerged from this situation in better shape with more profitable food retail operations and improved financial

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