Carrefour announced this morning its "Carrefour 2030" strategic plan, aimed at accelerating growth and value creation. With a clarified focus on its three core countries (France, Spain, Brazil), the group intends to rely on three strategic priorities.
First, the French food retail giant aims to "win the battle for customers and product offering through price, fresh products, the Club, and private label," for example by strengthening its "Le Club" loyalty programs, targeting 60 million members.
Secondly, Carrefour seeks to consolidate store growth through targeted expansion and franchising, notably aiming for 7,500 convenience stores in France and Spain by 2030.
Finally, the group plans to accelerate performance through Artificial Intelligence, Tech, and Data, including a strategic partnership with Vusion to deploy its full suite (electronic labels, rails, cameras) in France, as well as a groundbreaking partnership with Google on agentic commerce.
The group aims for regular market share gains in its core countries, with a target of 25% in France and 20% in Brazil by 2030, as well as strengthening its position as number two in the Spanish market, and continuing its cost-saving plan with a goal of EUR 1.0 billion per year by 2030.
In terms of financial objectives, Carrefour is targeting a Recurring Operating Income (ROC) margin of 3.2% in 2028 and 3.5% in 2030, as well as generating a cumulative EUR 5 billion in net free cash flow between 2026 and 2028.
The group is also aiming for adjusted net earnings per share growth "at the upper end of the single-digit range" each year, along with a dividend policy representing 50% to 60% of adjusted net earnings per share.
Carrefour is the No. 1 distribution group in Europe and No. 2 in the world. The group's activity is organized into 3 types of stores:
- hypermarkets: at the end of 2025, owns 1,189 stores under the Carrefour and Atacadão names;
- supermarkets: owns 4,107 stores under the Carrefour Market name;
- other : operates a network of 9,563 local stores (Carrefour Express, Carrefour City, Carrefour Contact, So.Bio, etc. names), 663 Cash & Carry stores, 197 stores (Soft discount and Sam's Club), as well as e-commerce sites (Carrefour, Ooshop, etc.).
Net sales are distributed geographically as follows: France (50.9%), Europe (24.2%) and Latin America (24.9%).
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