France

Campari Warns Of Impact Of Bad Weather On Margins

Campari has warned that its ability to grow gross margins this year would likely be impacted by “some temporary headwinds.”

Danone beat second-quarter sales expectations on Wednesday, boosted by higher sales volumes as price hikes slowed.

L’Oréal has reported a 5.3% rise in second-quarter sales, below expectations and rattling investors already worried about the Chinese market.

Carrefour upheld its end-of-year targets as it said it was confident about H2 with French and Brazilian markets driving profits in H1.

Pernod Ricard has agreed to sell the majority of its wine portfolio to Australia’s Accolade Wines to focus on its spirit business.

TotalEnergies and SSE are joining forces to get a 20% share of the electric vehicle (EV) fast-charging market in Ireland and the UK.

Danone is expecting sales boosts from its position as a sponsor of the 2024 Paris Olympic Games through branding and special kiosks.

Carrefour said on Monday it had entered a partnership with GreenYellow for the installation of solar panels in its French stores.

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