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    CA   FR0000120172

CARREFOUR

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Carrefour : expands express grocery delivery partnership with Deliveroo

04/06/2021 | 09:09am EDT
A Deliveroo delivery rider cycles in London

PARIS (Reuters) - Europe's largest retailer Carrefour and Deliveroo said on Tuesday they were expanding to France their partnership to bring on-demand groceries in less than 30 minutes their customers' homes.

The service is already available in Belgium, Italy and Spain, Carrefour said in a statement.

Retailers have been increasingly teaming up with delivery firms to service stuck at home customers during lockdowns triggered by the coronavirus.

Last year, Carrefour struck a deal with Uber Eats for a home delivery partnership in France and in Belgium, also offering 30-minute home delivery.

The Carrefour-Deliveroo partnership is being launched in France this week, starting in Paris with plans for a rollout to 10 other top cities over the coming months.

Meanwhile the rollout is picking up speed in Belgium with the extension of the service to Antwerp in April and then in Ghent in May, following Brussels and Liège on March 5.

Italy has already rolled out the service to 50 major cities while in Spain Carrefour has been in a partnership with Deliveroo since spring 2020.

(Reporting by Dominique Vidalon; Editing by Benoit Van Overstraeten)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
CARREFOUR -3.81% 15.66 Real-time Quote.11.62%
DELIVEROO PLC 1.54% 330 Delayed Quote.0.00%
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Financials
Sales 2021 71 757 M 85 154 M 85 154 M
Net income 2021 1 045 M 1 240 M 1 240 M
Net Debt 2021 6 221 M 7 382 M 7 382 M
P/E ratio 2021 11,7x
Yield 2021 3,50%
Capitalization 12 194 M 14 465 M 14 471 M
EV / Sales 2021 0,26x
EV / Sales 2022 0,24x
Nbr of Employees 255 952
Free-Float 75,0%
Chart CARREFOUR
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Carrefour Technical Analysis Chart | CA | FR0000120172 | MarketScreener
Technical analysis trends CARREFOUR
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 19
Last Close Price 15,66 €
Average target price 19,26 €
Spread / Average Target 23,0%
EPS Revisions
Managers and Directors
Alexandre Bompard Chairman & Chief Executive Officer
Matthieu Malige Chief Financial Officer
Miguel Ángel González Gisbert Global Chief Technology Officer
Charles Edelstenne Independent Director
Mathilde Lemoine Independent Director
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