Supermarket company Casino warns of 2023 losses for core French arm

PARIS, Nov 22 (Reuters) – Debt-laden supermarket retailer Casino warned on Wednesday of likely 2023 losses for its core French business, due to a slower than expected turnaround at its hypermarkets business and the impact of investment costs. Casino estimated that its 2023 earnings before interest, tax, depreciation and amortisation (EBITDA) after leases would range …

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