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Rallye SA (GENC.PA)

GENC.PA on Paris Stock Exchange

9.81EUR
20 Aug 2018
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€9.81
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90,065
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€16.67
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€9.20

Latest Key Developments (Source: Significant Developments)

Casino Rejects Bernstein Estimates Related To Operations With Its Franchisees
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - CASINO SA ::CASINO REJECTS BERNSTEIN ESTIMATES RELATED TO OPERATIONS WITH ITS FRANCHISEES.SAYS IT HAS NO OBLIGATION TO BUY BACK STORES TRANSFERRED TO FRANCHISEES.SAYS IN UNLIKELY SCENARIO WHERE ALL STORES TRANSFERRED WOULD HAVE TO BE SIMULTANEOUSLY CLOSED, ONE-OFF COST FOR GROUP WOULD BE AROUND 50MEUR.CONFIRMS ITS COMMITMENT TO REDUCE ITS NET FINANCIAL DEBT IN FRANCE BY AT LEAST 1BNEUR IN 2018.  Full Article

Finatis H1 Consolidated Reccuring Operating Income Down At 428 Million Euros
Friday, 27 Jul 2018 

July 27 (Reuters) - FINATIS SA ::H1 CONSOL. RECCURING OPERATING INCOME EUR 428 MILLION VERSUS EUR 435 MILLION YEAR AGO.H1 CONSOL. NET LOSS GROUP SHARE EUR 104 MILLION VERSUS LOSS OF EUR 79 MILLION YEAR AGO.H1 CONSOL. REVENUE EUR 18.23 BILLION VERSUS EUR 18.82 BILLION YEAR AGO.H1 FINATIS INDIVIDUAL NET INCOME EUR 16.7 MILLION VERSUS EUR 16.6 MILLION YEAR AGO.  Full Article

Casino making headways on assets sale plan - CFO
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Casino CFO Antoine Giscad d'Estaing tells a call with journalists::ASSETS SALE PLAN UNDER WAY, NO NEW ELEMENT TO REPORT AT THIS STAGE."WE ARE MAKING HEADWAYS" WHEN ASKED ABOUT ASSETS SALE PLAN .CFO WILL NOT COMMENT ON MARKET CONSENSUS FOR 2018 OPERATING PROFIT, REPEATS GROUP STICKING TO ITS FORECASTS.SAYS VIA VAREJO SALE PROCESS ALSO STILL UNDER WAY, NO NEWS TO REPORT.  Full Article

Casino Informed of Communication Regarding Purchasing Alliances In Food Retail Sector
Monday, 16 Jul 2018 

July 16 (Reuters) - Casino Sa ::WAS INFORMED TODAY OF FRENCH COMPETITION AUTHORITY'S (AUTORITÉ DE LA CONCURRENCE) COMMUNICATION REGARDING « PURCHASING ALLIANCES IN FOOD RETAIL SECTOR » AND OPENING OF INVESTIGATIONS..AS FAR AS HORIZON ALLIANCES (OF WHICH CASINO GROUP IS A PARTNER) ARE CONCERNED, AUTHORITY OPENED AN INVESTIGATION ON 24 MAY 2018.THIS PROCEDURE, WHICH IS STANDARD AND NON-SUSPENSIVE OF AGREEMENTS' IMPLEMENTATION, ALLOWS EXTENDED ACCESS TO INFORMATION AND, IN PARTICULAR, ALLOWS SUPPLIERS TO BE INTERVIEWED..HORIZON'S PARTNERS - A NEW GENERATION PURCHASING ORGANIZATION - TOOK SEVERAL COMMITMENTS DIRECTLY INSPIRED FROM CONCLUSIONS OF GENERAL FRENCH FOOD CONVENTION.  Full Article

Casino Confirms Process Of Selling Via Varejo Continues In Brazil
Tuesday, 27 Mar 2018 

March 27 (Reuters) - CASINO SA ::CONFIRMS THAT THE PROCESS OF SELLING ITS SUBSIDIARY VIA VAREJO CONTINUES IN BRAZIL WITHOUT ANY NEW ELEMENT TO REPORT TO THE MARKET.CONFIRMS SALE PROCESS OF VIA VAREJO ONGOING IN BRAZIL, NO NEW ELEMENT TO REPORT TO THE MARKET.DENIES ANY PARTNERSHIP CONCERNING THIS SUBSIDIARY‍​.  Full Article

Casino: Monoprix Grocery Items To Be Available on Amazon's Prime Now service in Paris
Monday, 26 Mar 2018 

March 26 (Reuters) - CASINO SA ::REG-CASINO GROUP: AMAZON AND MONOPRIX JOIN FORCES TO INNOVATE ON BEHALF OF PRIME NOW CUSTOMERS.MONOPRIX GREAT SELECTION WILL BE AVAILABLE FOR PRIME NOW CUSTOMERS SERVICE WILL BE LAUNCHING THIS YEAR.SERVICE WILL BE LAUNCHING THIS YEAR.TO BRING GROCERY ITEMS SOURCED FROM MONOPRIX TO PRIME NOW SERVICE CUSTOMERS IN PARIS AND ITS NEIGHBORHOOD THIS YEAR.GROCERY ITEMS SOURCED FROM MONOPRIX WILL BE AVAILABLE IN PRIME NOW APP AND WEB SITE.  Full Article

Rallye Completes 95 Million Swiss Franc Bond Issue
Monday, 29 Jan 2018 

Jan 29 (Reuters) - RALLYE SA ::RALLYE: SUCCESS OF THE CHF 95M BOND ISSUE WITH A SIX-YEAR MATURITY AND A COUPON OF 3.25%.THIS NEW BOND HAS BEEN SWAPPED TO EURO, TRANSLATING 3.25% COUPON TO A EURO EQUIVALENT OF 4.23%.  Full Article

Casino confirms 2017 targets, says no demands from Amazon over its purchasing centre
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Casino :Says confirms financial targets for 2017.Casino finance director says there has been a lot of "fake news" concerning Amazon and retailers.Finance director says Amazon has not made any demands to Casino regarding using its purchasing center.  Full Article

Casino buys back 333 mln euros in bonds
Wednesday, 28 Sep 2016 

Casino SA : The public bond tender offer launched on Sept. 20 allows Casino to buy back respectively 150 million euros, 95.2 million euros and 88.1 million euros of the bonds maturing in August 2019, January 2023 and August 2026, or a cumulated nominal amount of 333.3 million euros. .This bond tender offer has no material impact on financial expenses in 2016 and will improve 2017 financial result by 10 million euros..  Full Article

UPDATE 1-Retailer Casino's shares slump on broker downgrade

PARIS, Aug 8 Shares in France's Casino fell as much as 10 percent after brokerage Bernstein reignited concerns over the retailer's cash-flow in a report, disputed by Casino, stating franchise problems could wipe 152 million euros from its profit.