Brazil

Brazil’s GPA Reports Net Loss Of 76% In Third Quarter

Brazilian grocery retailer GPA reported a net loss of R$311 million (€51 million) in the third quarter of 2024, representing a 76% decrease compared t...

Brazil’s Assaí Atacadista Sees Revenue Go Up By 9.3% In Third Quarter

Brazilian retailer Assaí Atacadista has reported a 9.3% increase in revenue in the third quarter of its financial year, to R$ 20.2 billion (€3....

Brazilian Brewer Ambev Profit Slides 11% On Higher Tax Provisions

Brazilian brewer Ambev reported an 11% drop in third-quarter net profit on Thursday, hurt by higher tax provisions in its home market, pushing its shares d...

France's Danone Cuts Out Brazilian Soy Ahead Of Tough New EU Rules

Danone has stopped sourcing soy from Brazil and now buys from countries in Asia, its finance chief told Reuters, ahead of a European Union rule requiring c...

Spain's Vidrala Posts 25% Net Profit Growth In Q3 Results

Spanish bottle maker Vidrala said on Friday its net profit increased 25% from January to September compared to one year ago amid a gradual demand recovery...

Carrefour Reports An ‘Eventful’ Third Quarter, With LFL Sales Up By 8.8%

Carrefour has reported improved performance in the third quarter of its financial year as consumer behaviour continued to recover across France and Europe.

Assaí Atacadista Cuts 2025 Store Openings By Half

Brazilian self-service wholesale company Assaí Atacadista has revised its store opening plan for 2025, postponing some projects to accelerate the re...

Carrefour France Likely To See Improved LFL Sales Growth In Q3: Barclays

Carrefour is likely to see improvement in LFL sales to -2.2% in the third quarter from -3.5% in the second quarter, according to estimates from Barclays.