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The group’s total consolidated net sales in the third quarter rose 5.4% from a year earlier on a same-store basis.
Casino confirmed its target to maintain a high level of profitability and improve full-year cash-flow generation for its French stores.
The company, which conducted the sale of its renewable energy business GreenYellow last week, plans to complete a 4.5-billion-euro ($4.53 billion) disposal plan in France by the end of next year.
As part of efforts to reduce its debt, Casino said it had launched a study to potentially sell a part of its stake in Assaí for about $500 million which could be increased, depending on market conditions.
($1 = 0.9935 euros)
