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Edge20 Mar 2026
Tetra Pak: The Shape of Innovation
The story of Tetra Pak, the Rausing family, and how a paper tetrahedron gave rise to a company that now delivers almost 180 billion packages a year.
Casino Guichard-Perrachon
Casino Guichard-Perrachon (CO) investor relations material
Casino Guichard-Perrachon H2 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 TU earnings summary26 Feb, 2026
Executive summary
Net sales grew +0.5% like-for-like (LFL) in 2025, with Q4 also at +0.5% LFL, despite a total decline of -2.5% due to network changes and calendar effects.
Convenience brands saw +0.7% LFL growth in 2025, driven by new store concepts and quick meal solutions.
Cdiscount returned to net sales growth in Q4 (+3.7%), marking its first positive quarter since Q3 2021.
Financial highlights
2025 consolidated net sales: €8,260m (+0.5% LFL, -2.5% total); Q4 net sales: €2,180m (+0.5% LFL, -1.6% total).
Gross merchandise volume (GMV) for the group: €12,800m in 2025 (-0.7%), with Cdiscount GMV up +3.5%.
Naturalia posted strong LFL net sales growth of +8.3% in 2025, with food sales up +9.0%.
Outlook and guidance
Full-year 2025 results to be published by 31 March 2026, with ongoing negotiations to adapt and strengthen the financial structure.
Further updates on restructuring discussions expected throughout March 2026.
Cdiscount's new customer acquisition impact on 2026?
How do franchise transfers affect overall Group sales?
What is the overall LFL sales uplift from new concepts?
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Latest events from Casino Guichard-Perrachon
- All resolutions passed as the group pivots to convenience retail and implements Renewal 2028.CO
AGM 20253 Feb 2026 - Debt cut by €5.1bn as restructuring advanced and a new value plan is due post-Q3.COH1 20242 Feb 2026
- All resolutions passed as debt was cut and the group pivots to convenience retail.COAGM 20242 Feb 2026
- Renouveau 2028 targets €15bn GMV, €500m EBITDA, €600m savings, and break-even cash flow by 2026.COStrategy Update14 Jan 2026
- Adjusted EBITDA up 13% to €456m, with net sales and liquidity both rising.COQ3 2025 TU16 Dec 2025
- Renouveau 2030 drives growth and efficiency but hinges on major refinancing and equity injection.COInvestor Presentation25 Nov 2025
- Adjusted EBITDA rose 12.2% to €286m, but net loss widened to €211m; liquidity at €1.24bn.COH1 202518 Sep 2025
- Q3 net sales fell 1.8% same-store as restructuring and store disposals accelerated.COQ3 2024 TU13 Jun 2025
- Q1 2025: Improved sales trends, €100m EBITDA, and €111m in real estate disposals.COQ1 2025 TU6 Jun 2025
Next Casino Guichard-Perrachon earnings date
H2 202531 Mar, 2026
Casino Guichard-Perrachon
Next Casino Guichard-Perrachon earnings date
H2 202531 Mar, 2026
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