| Results |
2008 results
€39.5 billion of revenue before tax in 2008 (+ 7.5%)
(468 consolidated hypermarkets (462 fully-consolidated and 6 accounted for using the equity method) and 726 supermarkets at 31/12/08)
€48.3 billion of revenue including tax, for the chains (+ 8.6%)
(490 hypermarkets and 2,225 supermarkets and minimarkets at 31/12/08)
€ 2,260 million of EBITDA (recurring operating income before other recurring operating income and expenses, depreciation, amortisation and provisions) (+ 9.2%)
€744 million of net income from continuing operations (-2.4%)
€727 million of net income attributable to equity holders of the parent (-24.4%)
(- 2.7% excluding income from disposals)
€1,568 million from cash flows from operations (+0.26%)
39 % gearing ratio (Financial debt reduced by cash and cash equivalents plus or minus derivative financial instruments)