Brazil's Pão de Açúcar sees strong year-end for appliance unit

Reuters

SAO PAULO, Oct 18 (Reuters) - Grupo Pão de Açúcar , Brazil's biggest retailer, sees a strong year-end forits appliance and home furnishing affiliate ViaVarejo SA, the head of the unit, Francisco Valim, told analystson a Friday call.

Pão de Açúcar beat analyst forecasts on Wednesday with a 70percent jump in profit due to robust sales growth andstreamlined distribution at ViaVarejo.

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