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Auchan: profits plunge in 2014, -25,2%

Auchan closed 2014 with profits of 574 million euros, down 25,2% compared to 2013 - Turnover up 1,5% and reaching 63 billion

Auchan: profits plunge in 2014, -25,2%

Sharp decline inNet income for Auchan in 2014. The French large-scale retail trade giant closed 2014 with profits of 574 million eurosin 25,2% decrease compared to the previous year.

However, a growth of 1,5% was recorded turnover at constant exchange rates and which has reached 63 billion. Profit from continuing operations fell by 5,8% to 787 million. The group's results were affected by the devaluations of the Russian ruble and the Ukrainian currency. L'Auchan EBITDA it reached 2.591 million, up 2% at constant exchange rates.

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