Food inflation does not harm Carrefour's economic model.
Quite the contrary.
The distributor achieved another record year last year.
Its worldwide turnover increased by 8.5%, to 90 billion euros.
The group gained market share in all its key countries.
Its operating profit increased by 8.3% to 2.4 billion.
In France, where its sales increased by 3.4%, the group achieved the feat of increasing its operating margin.
These good results are the fruit of the transformation carried out over the past five years by the group's CEO, Alexandre Bompard.
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