- Outlook Groupe Casino Buffet
- Outlook Groupe Casino Entertainment
- Outlook Groupe Casino Las Vegas
- Outlook Groupe Casino No Deposit
A forecast of the global casinos and gambling industry till 2023 is included. The report also includes a coverage of the 10 biggest casinos in the world such as The Venetian Macao, the City of. 106 Groupe Casino reviews. A free inside look at company reviews and salaries posted anonymously by employees. Negative Outlook. No Opinion of CEO. The best app to subscribe and read Outlook Group Magazines – Outlook, Outlook Hindi, Outlook Traveller, Outlook Money and Outlook Business. This is a free to download app and also includes free access to Cover Stories of Outlook Group Magazines. FEATURES Each issue available at the earliest Downloaded issues can be accessed without internet Store and access backdated issues Share. Since 17 March 2020, Casino Group's 220,000 employees in France, Brazil, Colombia, Uruguay, Argentina and the Indian Ocean have rallied to continue supplying our 11,172 stores and serving millions of customers every day. They are doing their jobs efficiently, humbly and professionally, giving a fresh sense of nobility to the trade.
Standard & Poor's rating for Casino Guichard-Perrachon long term debt is B with a negative outlook.
For further information, please visit S&P's website at www.standardandpoors.com.
Moody's Investors Service rating for Casino Guichard-Perrachon long term debt is B3 with a stable outlook.
For further information, please visit Moody's website at www.moodys.com.
Outlook Groupe Casino Buffet
On 30th November 2017, the Group cancelled its agreement with the rating agency Fitch Ratings and the effective withdrawal of the ratings occurred on 12th January 2018. Fitch affirmed the long term debt rating at BB+ with a stable outlook.
Casino Group takes note of Moody's decision and remains focused on its strategic and financial objectives for 2019-2021
Paris, 2 April 2019,
Casino Group takes note of Moody's decision to downgrade its financial rating from Ba1 negative outlook to Ba3 negative outlook.
The Group notes that Moody's bases its analysis on Casino's gross debt at the end of 2018, which does not take into account either the disposal plan or the future reduction in bond debt.
Outlook Groupe Casino Entertainment
Moody's also states that the Group is well positioned in convenience formats and online activities, and that it has the potential to generate new sources of revenues, particularly through its Greenyellow and 3W relevanC subsidiaries.
In addition, Moody's positively highlights the Group's limited and decreasing exposure to the declining hypermarket format.
This change in rating has no impact on the availability or cost of the Group's financial resources.
As at 31 December 2018, Casino in France had €5.0 billion in liquidity, composed of a gross cash position of €2.1 billion and confirmed credit lines of €2.9 billion with an average maturity of 2.4 years.
The Group, focused on the dynamic achievement of the strategic and financial objectives announced for 2019-2021, has recently increased its asset disposal plan target by €1 billion to at least €2.5 billion by the first quarter of 2020. It also plans to generate, beyond and above this disposal plan, free cash-flow in France of €500 million per year, enabling it to cover its dividends and financial expenses.
Outlook Groupe Casino Las Vegas
ANALYST AND INVESTOR CONTACTS
Régine Gaggioli - +33 (0)1 53 65 64 17
rgaggioli@groupe-casino.fr
or
+33 (0)1 53 65 24 17
IR_Casino@groupe-casino.fr
PRESS CONTACTS
CasinoGroup - Direction of Communication
Stéphanie ABADIE - sabadie@groupe-casino.fr - +33 (0)6 26 27 37 05
Outlook Groupe Casino No Deposit
or
+33(0)1 53 65 24 78 - directiondelacommunication@groupe-casino.fr
- Outlook Groupe Casino Buffet
- Outlook Groupe Casino Entertainment
- Outlook Groupe Casino Las Vegas
- Outlook Groupe Casino No Deposit
A forecast of the global casinos and gambling industry till 2023 is included. The report also includes a coverage of the 10 biggest casinos in the world such as The Venetian Macao, the City of. 106 Groupe Casino reviews. A free inside look at company reviews and salaries posted anonymously by employees. Negative Outlook. No Opinion of CEO. The best app to subscribe and read Outlook Group Magazines – Outlook, Outlook Hindi, Outlook Traveller, Outlook Money and Outlook Business. This is a free to download app and also includes free access to Cover Stories of Outlook Group Magazines. FEATURES Each issue available at the earliest Downloaded issues can be accessed without internet Store and access backdated issues Share. Since 17 March 2020, Casino Group's 220,000 employees in France, Brazil, Colombia, Uruguay, Argentina and the Indian Ocean have rallied to continue supplying our 11,172 stores and serving millions of customers every day. They are doing their jobs efficiently, humbly and professionally, giving a fresh sense of nobility to the trade.
Standard & Poor's rating for Casino Guichard-Perrachon long term debt is B with a negative outlook.
For further information, please visit S&P's website at www.standardandpoors.com.
Moody's Investors Service rating for Casino Guichard-Perrachon long term debt is B3 with a stable outlook.
For further information, please visit Moody's website at www.moodys.com.
Outlook Groupe Casino Buffet
On 30th November 2017, the Group cancelled its agreement with the rating agency Fitch Ratings and the effective withdrawal of the ratings occurred on 12th January 2018. Fitch affirmed the long term debt rating at BB+ with a stable outlook.
Casino Group takes note of Moody's decision and remains focused on its strategic and financial objectives for 2019-2021
Paris, 2 April 2019,
Casino Group takes note of Moody's decision to downgrade its financial rating from Ba1 negative outlook to Ba3 negative outlook.
The Group notes that Moody's bases its analysis on Casino's gross debt at the end of 2018, which does not take into account either the disposal plan or the future reduction in bond debt.
Outlook Groupe Casino Entertainment
Moody's also states that the Group is well positioned in convenience formats and online activities, and that it has the potential to generate new sources of revenues, particularly through its Greenyellow and 3W relevanC subsidiaries.
In addition, Moody's positively highlights the Group's limited and decreasing exposure to the declining hypermarket format.
This change in rating has no impact on the availability or cost of the Group's financial resources.
As at 31 December 2018, Casino in France had €5.0 billion in liquidity, composed of a gross cash position of €2.1 billion and confirmed credit lines of €2.9 billion with an average maturity of 2.4 years.
The Group, focused on the dynamic achievement of the strategic and financial objectives announced for 2019-2021, has recently increased its asset disposal plan target by €1 billion to at least €2.5 billion by the first quarter of 2020. It also plans to generate, beyond and above this disposal plan, free cash-flow in France of €500 million per year, enabling it to cover its dividends and financial expenses.
Outlook Groupe Casino Las Vegas
ANALYST AND INVESTOR CONTACTS
Régine Gaggioli - +33 (0)1 53 65 64 17
rgaggioli@groupe-casino.fr
or
+33 (0)1 53 65 24 17
IR_Casino@groupe-casino.fr
PRESS CONTACTS
CasinoGroup - Direction of Communication
Stéphanie ABADIE - sabadie@groupe-casino.fr - +33 (0)6 26 27 37 05
Outlook Groupe Casino No Deposit
or
+33(0)1 53 65 24 78 - directiondelacommunication@groupe-casino.fr
Agence IMAGE 7
Karine ALLOUIS - +33(0)1 53 70 74 84 - kallouis@image7.fr
Grégoire LUCAS - gregoire.lucas@image7.fr
Disclaimer
This press release was prepared solely for information purposes, and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. It should not be regarded by recipients as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice.
