0906 GMT - Carrefour missed profit expectations in 2024 as its management set a more conservative tone, Stifel analysts say in a note. The French grocer's Ebita was below expectations, dragged by European operations except France, they say. The region's margin continued to deteriorate, therefore hurting 2024's performance and 2025's guidance, they add. While the consumer backdrop in Europe didn't seem to have changed drastically, the board tone was more optimistic in the previous quarter report, the analysts add. Shares are down 6.7% at 12.79 euros. (michael.susin@wsj.com)
(END) Dow Jones Newswires
February 20, 2025 04:06 ET (09:06 GMT)
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