UPDATE 2-Recovering Europe, strong Brazil lift Carrefour sales

viernes 16 de enero de 2015 06:49 GYT

* Q4 like-for-like sales growth 4.1 pct vs 2.8 pct in Q3

* Eyes 2014 operating profit of 2.38 bln euros

* Ready for Brazil IPO in 2015 if market conditions permit (Adds more CFO comments, shares, analysts)

By Dominique Vidalon

PARIS, Jan 16 (Reuters) - Sales growth for Carrefour accelerated in the fourth quarter, with the world's second largest retailer starting to see the benefits of efforts to revive its core European businesses.

Buoyant growth in Brazil, Carrefour's largest market after France, also helped. Finance head Pierre-Jean Sivignon said the retailer would be ready to go ahead with an IPO in the South American country this year if market conditions permit.

Trading conditions remained weak in China, however, amid slowing consumption and a government crackdown on lavish spending, the company said on Friday.

Operating income for 2014 would be in line with the expected 2.38 billion euros ($2.8 billion), it added.

"Carrefour's strong performance shows that action plans are beginning to bear fruit, and it demonstrates that Carrefour has durably improved its fundamentals," Sivignon said.   Continuación...