Majid Al Futtaim Retail reports FY revenue growth

Date : 24 February 2020

Jon Wright

Head of Retail

UAE-based Majid Al Futtaim (MAF), which operates the Carrefour banner in 16 countries as of February 2020, has reported full year results for its 2019 financial year. The company said revenue at its retail division rose by 1% to AED28.1 bn (US$7.6 bn), while EBITDA rose by 2% to AED1.4 bn…
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