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Earnings Analysis: 
Carrefour Net Sales Rise 6%; Hermes Net Up 55%
Author: Arthi Gupta
123jump.com
Last Update: 1:20 PM ET August 31 2010



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Carrefour SA first half net sales increased 6% and returned to profit to 82 million. Hermes International SA, the luxury fashion retailer net profit soared 55% to 194.6 million.

 
6:00 PM New York Carrefour SA first half net sales increased 6% and returned to profit to 82 million. Hermes International SA, the luxury fashion retailer net profit soared 55% to 194.6 million.

Carrefour S.A., the French retailer reported first-half sales rose 6% to 43.7 billion. Net profit generated in the period was 82 million compared to a net loss of 58 million recorded in the year-earlier period.

Hermes International S.A., the French high-end fashion house reported net profit soared 55.2% to 194.6 million from 125.4 million a year ago. Operating profit rose 52.4% to 304.5 million from 199.8 million over the same period last year.

Iliad S.A., the French Internet company said first-half profit more than doubled.

Raiffeisen International Bank-Holding, the Austria-based holding company for Raiffeisen Zentralbank Oesterreich AG missed net income estimations.
  1 More: Europe Earnings Archive

 


 
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Market data: BATS Exchange. Inc.

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