Shares in the Brazilian subsidiary closed up 10% on Tuesday at 7.10 reais on reports Carrefour was considering a buyout, giving a market value to the unit as a whole of nearly 15 billion reais.
We forecast EBIT margins to expand to 48% by fiscal 2034 from 38% in fiscal 2024. We expect margin expansion to be primarily driven by Car Group’s overseas online marketplaces entrenching themselves ...
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