The French Casino distribution group, which hopes to recover the balance in 2026 after having limited the cessation of payment, now begins its “recovery” in April, its general manager Philippe Palazzi announced on Tuesday. “We went from the rescue to the recovery of the group” As of April, said Philippe Palazzi during a call with journalists on Tuesday for the announcement of quarterly results.
Casino, which has the Monoprix, Franprix and Naturalia brands, on Tuesday reported a quarterly billing decreased 1.2% in comparable data compared to the first quarter of 2024 to 2 billion euros, due to the reduction of its local store park. Casino separated from 466 additional points of sale in the first quarter of 2025, according to its press release. But the first quarter sales are in sequential improvement compared to the 1.8% drop in the last quarter of 2024.
However, the CEO said it was “optimistic” and maintained its strategic plan presented last November. As part of this plan, the group aims to return to the balance of free cash flow after financial costs in 2026. This plan is based on a strong re -dispute in local stores, as well as on the development of services and catering in stores.
27 Monop Ile -of -Sphrance Storsing will become franchises
The benefit before interest, taxes and depreciation (Ebitda) fell fell to 6 million euros compared to the first quarter of 2024, to 100 million euros.
Casino approached the cessation of payments in 2023, after years of acquisition funded by debt under the direction of Jean-Charles Naouri. Now controlled by Czech billionaire Daniel Kretinsky, the group has carried out a deep restructuring and a social plan with more than 3,000 publications to stand up.
The Casino left the SBF120 last December. He had briefly returned for a few months in June 2024, after a first exclusion at the end of 2023. In a separate press release, Casino also announced planning the 27 Ile-France stores franchise in the joint company between Monoprix and the Moez-Alexandre Zuari family.
Source: BFM TV
