Carrefour: A negative analyst before the quarterly figures

The Credit Suisse is always negative of Carrefour, they value 30 euros per share, slightly below current levels. The broker anticipates 24.66 billion euros in turnover in the publication of the Q1 figures on April 14 this year, growing by 3.7% as reported and 1.4% excluding currency and gasoline. Organic growth should reach 2.5%, however, restated a negative calendar effect. Comparison with previous figures may be complicated by the reorganization.