Casino’s turnover soared 22.1% to E41.97bn (£36.91bn) in its full-year 2012 compared with 2011. Net profit climbed 84.4% to E1.07bn (£941m) thanks to the consolidation of its grocery subsidiary GPA in Brazil.

In France, the retailer recorded a slight decline in turnover of 0.8% at constant exchange rates excluding petrol, to E18.45bn (£16.23bn).

Discount and small formats posted flat results, and supermarkets sales were up 1.7%.