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  • 15 years ago
Carrefour has cut it dividend payment to shareholders in half in anticipation of another tough year in its home market, France, and throughout austerity-hit southern Europe

The region's top retailer, and the second largest in the world behind Wal-Mart Stores, posted a 19 percent drop in profit last year and has halted plans to revamp its hypermarkets.

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http://www.euronews.net/
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