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Carrefour Posts Rise In 2012 Net Profit

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Carrefour SA (OTC: CRRFY) reported an increase in its 2012 net profit.

Carrefour's annual net profit surged to 1.23 billion euros ($1.6 billion), from EUR371 million, in the year-ago period. However, analysts were expecting a profit of EUR810.9 million.

Its net profit from discontinued operations was EUR1.12 billion.

Carrefour shares closed at $5.47 yesterday.

 

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