FY 2022 Results
Strong EPS growth driven by operating performance and buybacks
Low restructuring costs in 2022
Higher interest rates and increased debt in
2022 following the acquisition of Grupo BIG
Evolution of the geographic mix and
decrease in corporate tax rate in France
(from 28.4% to 25.8%)
in Єm
2021 (1)
2022
+8.3%
Recurring operating income
2,194
2,377
Net income from associates and JVs
12
50
Non-recurring income and expenses, net
(366)
36
EBIT
1,840
2,463
Net financial expenses
(270)
(490)
Income before taxes
1,570
1,973
Income tax expense
(360)
(408)
Normative tax rate
30.2%
28.8%
Net income from discontinued operations
92
1
Consolidated Net income
1,301
1,566
Net income, Group share
1,072
1,348
Net income from continuing operations, Group share
Net income from discontinued operations, Group share
Minority interests
+36.6%
1,002
1,368
70
(21)
229
218
Net income from continuing operations, Non-controlling interests
Net income from discontinued operations, Non-controlling interests
Adjusted net income, Group share
208
196
22
22
1,126
1,212
Adjusted earning per share (EPS)
1.43
1.63
>
(1) Carrefour Taiwan reclassified as held for sale as per IFRS 5
FY 2022 RESULTS
Adjusted EPS
+14%
February 14, 2023
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