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[$$] Carrefour Lifts Cost-Cut Targets as Loss Widens

SA (CA.FR) said on Thursday that its net loss in 2018 deepened slightly, and that it has raised its cost-cutting targets as part of a transformation plan. The French retailer said net loss for the year was 561 million euros ($638.4 million), compared with a loss the year previous of EUR531 million. Carrefour plans to raise its cost-cutting plan to EUR2.80 billion on an annual basis by 2020.