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BRIEF-Casino CFO confident on French profit goal
July 29, 2016 / 6:16 AM / a year ago

BRIEF-Casino CFO confident on French profit goal

July 29 (Reuters) - Casino CFO Antoine Giscard d‘Estaing tells a conference call:

* Says that any lag from target of achieving 1.5 percent like-for-like sales growth in France in 2016 would be offset by margin improvements.

* “We are keeping our French profit goal because we have enough levers in case of a (sales) lag to compendate with improved margins, costs” CFO says

* Casino has said it was confirming its target for French operating profit of 500 million euros in 2016, subject of the pursuit of consumption trends. Source text for Eikon: Further company coverage: (Reporting By Dominique Vidalon)

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