Debt-laden Casino sees third quarter sales slow but keeps 2019 targets
Share:
PARIS (Reuters) - French retailer Casino , which is battling investor concerns over its debts, said sales growth slowed in the third quarter, reflecting a weaker performance in France.Casino - which has been selling assets to reduce its debt and which also controls Brazil's Grupo Pao de Acucar - nevertheless kept its 2019 financial goals for France, namely a 10% rise in current operating profit for the retail arm.Finance chief David Lubek said Casino was focussed on delivering its strategy plan..