Carrefour S.A., FR0000120172

Carrefour stock falls 1.47 percent as Codifrance bid emerges

Published on 09/30/2026 at 12:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Carrefour stock is tied to a EUR 155.00 million Codifrance bid reported on September 29, 2026. First-half revenue reached EUR 40.404 billion, with EUR 490 million of savings achieved.

Carrefour FR0000120172 Hypermarkt-Innenraum mit langen Regalreihen, weite Verkaufsfläche — Fotorealistischer Hypermarkt mit Regalreihen symbolisiert Carrefour, ISIN FR0000120172, französischer Einzelhandelsriese der Konsumgüterbranche europaweit, Illustration mit AI erstellt.

Carrefour stock (ISIN FR0000120172) was trading at EUR 16.06 at Lang & Schwarz on September 30, 2026 at 12:09 p.m. CEST, down 1.47 percent versus the prior close of EUR 16.30. The move followed a report that Carrefour had offered EUR 155.00 million for Codifrance, a supplier serving 3,000 neighborhood stores in France.

Codifrance bid expands local reach

As Le Figaro reported on September 29, 2026, Carrefour is seeking Codifrance from Colruyt, with the proposed transaction covering the wholesale business and its neighborhood-store network. The report said the offer would also include 500 employees and two logistics facilities.

The proposal fits Carrefour's push toward smaller retail formats. Codifrance supplies stores including Coccinelle and Coccimarket, extending Carrefour's potential presence beyond large hypermarkets and supermarkets into local shopping areas.

H1 sales fell as savings advanced

According to Ideal Investisseur, Carrefour reported EUR 40.404 billion of revenue for the first half of 2026, a decline of 5.40 percent. EBITDA stood at EUR 1.865 billion, while net income was EUR 30 million for the same period.

The same report said Carrefour had achieved EUR 490 million of its EUR 1 billion cost-savings target by the end of the first half. Management also confirmed growth in current operating income, an operating-margin increase of more than 25 basis points versus 2025, and higher net free cash flow for 2026.

Stock trades below yearly high

Carrefour's market capitalization was EUR 11.4 billion on September 30, 2026. The 52-week range stood at EUR 12.57 to EUR 17.54, leaving the intraday Lang & Schwarz price EUR 1.48 below the yearly high.

MarketScreener lists an OUTPERFORM mean consensus from 15 analysts and an average price target of EUR 16.89. That target is EUR 0.83 above the Lang & Schwarz price, placing valuation expectations close to the current market level while the Codifrance proposal adds a strategic expansion angle.

Carrefour stock trades at EUR 16.06

Carrefour stock was trading at EUR 16.06 at Lang & Schwarz on September 30, 2026 at 12:09 p.m. CEST, down 1.47 percent versus the prior close of EUR 16.30. On Euronext Paris, Carrefour is listed under ticker CA and belongs to the CAC 40.