Carrefour CEO Alexandre Bompard unveils ambitious plan to boost profit margins and cash flow

CEO Alexandre Bompard unveiled a new strategy on Wednesday to boost Carrefour's profitability. The plan targets a 3.5 percent operating margin by 2030.

Insights:
Carrefour Chief Executive Officer Alexandre Bompard today unveiled a new Carrefour strategic plan that refocuses the group on its core markets of France FRFR, Spain ESES, and Brazil BRBR. The roadmap establishes concrete financial targets, including an operating margin of 3.2% in 2028 and 3.5% in 2030. Additionally, the company is aiming for a cumulative net free cash flow of €5 billion for the 2026-2028 period.
The announcement on February 18, 2026, comes as the group seeks to reverse a multi-year decline in its operating margin, which fell from 3.1% in 2021 to 2.6% in 2025. This new initiative follows two prior strategy plans and an extended period of underperformance since 2017. The plan is positioned as a way to increase the group's cash generation and profitability at the company level.
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