Brazil

Spain’s Dia Reports ‘Strong’ Performance In FY 2023 With Profitability Growth

Spanish grocery retailer Dia's proximity strategy proved successful in its financial year 2023, with the retailer generating 'strong results' despite a cha...

Tereos Plans To Expand Sugar Output In Brazil, But Sees Cane Crop Down

French food and energy company Tereos invested in recent months to increase its sugar production in Brazil in the new season that starts in April...

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

Brazilian food retailer GPA, controlled by France's Casino, reported that its fourth-quarter loss narrowed to 303 million reais ($61.36 million), improving...

Brazil Meatpackers Complain About Delays To Health Certificates

The Brazilian Animal Protein Association (ABPA) has complained that companies are facing delays in the issuance of international health certificates, a sit...

Carrefour Sees Sales Up In France Across All Channels

Carrefour has reported a 1.0% increase in like-for-like sales in its home market of France in the fourth quarter of its financial year, with sales increasi...

Carrefour Brasil Posts Fourth-Quarter Loss Following Store Closures

Carrefour Brasil posted a 565 million real (€105.7 million) net loss in the fourth quarter, compared with a 426 million real (€79.7 million) prof...

France Says EU Commission To End Trade Deal Talks With Mercosur Countries

French President Emmanuel Macron has told the European Commission that it was impossible to conclude trade deal negotiations with South America's Mercosur...

Spain's Dia Posts 3.1% Sales Growth In FY 2023

Spanish retailer Dia closed its financial year 2023 with like-for-like sales growth of 3.1%, to €7.65 billion, while fourth-quarter sales reached &eur...