Casino will offer to pay shareholders a dividend of 2.65 euros for fiscal 2009, an amount of 4.7% higher than that given under the previous year.
This increase reflects the performance of distribution group in 2009. In fact, Casino recorded a net profit group share of 543 million euros, 8.6% above the profit achieved in 2008.
The turnover, however, declined slightly over one year fell 1.2% to 26.75 billion dollars. In France in particular, sales were folded by 3.8% organic and 2.7% excluding petrol. The Leader Price recorded a sales decline of 9.1%, while those of Franprix were stable free credit score .
This is especially the activities of other distribution group (real estate, cidscount Bank Casino, Casino Restaurants, which have borne results.Thus, Mercialys boosted operating income (+36.2%).
Internationally, South America and Asia are distinguished by respective organic growth of 5.7% and 5.1%.
The EBITDA margin of Casino fell 14 basis points, and thus amounts to 6.9% against 7.1% in 2008.
For 2010, the group confirms the continuation of its plan to sell assets of one billion euros.