04 | 09 | 2017

 <- Back to: News 

Auchan Holding announces its 2017 half-year results

Auchan Holding announces its 2017 half-year results
Auchan Holding records a growth in its half-year results while continuing to transform its 3 companies.
  • Increase in consolidated revenue excluding taxes: +2.1% to €26.5 billion
  • Rise in EBITDA: +1.9% to €1.07 billion
  • Growth in Operating Profit from Continuing Operations: +4.3% to €326 million
  • Increase in Net Profit for the Period: +23.2% to €145 million

 

According to Wilhelm Hubner, chairman of the management board of Auchan Holding:
"Following the deep reorganization of our 3 companies at the end of 2015, Auchan Retail, Immochan and Oney each wrote, in 2016, their own corporate Vision and defined their new strategies along with ambitious objectives. This will enable them to better anticipate the requirements of their markets, which are undergoing profound evolution.
Those growing 2017 half-year results are a first encouraging sign. Immochan and Oney recorded strong results, in line with their expectations, and Auchan Retail respects the schedule of its transformation dynamic, the first results of which are expected in 2018-2019.
While maintaining targeted investment, Auchan Holding's consolidated results show low debt and a significant +7.0% increase in cash flow from operations. Our overall financial structure is therefore very healthy, making it possible to speed up the transformation, both physical and digital, of our 3 companies."

Download the press release

Download the 2017 half-year financial report