Carrefour's revenue is higher than the annual Hungarian GDP

In an environment he describes himself as “difficult,” Carrefour successful performance to exceed the consensus of analysts. The fourth quarter 2010, posting a turnover of 27.128 billion euros against 26.908 billion expected. Quarterly revenue climbed 5.1% and current exchange rate. Over the full year 2010, sales rose 5.8% to 101.018 billion euros.

The good performance of emerging countries mainly explain this result. Sales are indeed drawn up by the Latin America and Asia who see their incomes increase respectively by 14.6% and 14.9% at constant exchange rates, throughout the year. Conversely, sales in Europe fell by 2.3%, except for France where Carrefour generates half of its activity.In France, they increase by 1.5%, despite “problems of transport, delivery and adverse climate” for superstores.

The Director General, Lars Olofsson, confirms this trend in a statement: “Emerging markets have achieved a solid growth and we have improved our performance particularly in Belgium, Poland, Taiwan and Dia.”