French retailer Carrefour reported a 4.4% increase in like-for-like sales for Q2 2025, up from 2.9% in Q1. Food sales rose by 4.9% and non-food by 1.4% on a LFL basis. Sales in France grew by 2.1%, Spain by 2.9%, and Brazil by 4.4%. EBITDA reached €1.936bn, up from €1.916bn in H1 2024.

Carrefour is making progress in integrating Cora & Match and is on track to achieve its €130m synergy target by 2027. CEO Alexandre Bompard stated a clear acceleration in business, driven by momentum in France, Spain, and Brazil. The company reaffirmed its financial targets for 2025, expecting slight increases in EBITDA, operating income, and cash flow.

In July 2025, Carrefour and Coopérative U formed a European purchasing alliance named Concordis to enhance negotiating capacity. Carrefour also plans to acquire all remaining shares of its Brazilian subsidiary. The company is in exclusive talks with NewPrinces Group to divest its Italian operations, focusing on core markets in Europe and Latin America.

Read more at Yahoo Finance.: Carrefour posts 4.4% increase in LFL sales for Q2 2025