Carrefour’s revenue is in line with the expectations

Carrefour France’s largest retailer, reported a fourth-quarter revenue that met the estimates of analysts.

Revenue increased by 2.4 percent on an organic basis to 22.4 billion euros -the Boulogne-Billancourt, France-based Carrefour said Friday in a statement. Analysts expected €22.6 billion, according to the median of estimates compiled by Bloomberg. (MTI)