Carrefour SA (CA)

Carrefour SA (CA)

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Carrefour SA Profile

Carrefour SA (CA.xpar) is a French multinational retail corporation headquartered in Massy, France. The French corporation operates a chain of supermarkets, groceries, and convenience stores through its subsidiaries, such as the Turkish-based CarrefourSA. The company was the first international retailer to establish its presence through Taiwan in Asian countries. Carrefour SA runs 12.225 stores in more than 30 countries and has a 300.000 workforce. It is traded on the Euronext Index, and its current market cap is €12.63B (EUR). Following Carrefour’s continuous revenue fall due to a damaged reputation and a remarkable increase in rivals, the company has made some internal improvements and rearranged its management structure. The company is trying to repair its global image, investing significant capital to support covid patients and victims’ families, mainly in France.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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