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18.12.2018, 12:13

Carrefour is the French retailer the most affected by the yellow-vest protests in France, with estimated losses of up to EUR150 million

Carrefour is the French retailer the most affected by the yellow-vest protests in France, with estimated losses of up to EUR150 million, Bryan Garnier says. The bill should be significant for retailers, the brokerage says, but not as alarming as estimates provided by other organizations. Retailers Casino, Maisons du Monde and Fnac Darty should suffer fewer losses than Carrefour. However, the movement could have an even greater impact on the businesses' EBIT with possible losses at this level for Carrefour, BG forecasts. Carrefour shares are down 0.58% at EUR14.53. - via WSJ

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