CARREFOUR: SYNERGIES PRODUCE STRONG RESULTS

PARIS -- Synergies with Promodes helped Carrefour register a double-digit increase in first-half earnings.A year after merging with rival retailer Promodes, French distribution giant Carrefour said earlier this month first-half net profit grew 10.7% to $271 million, compared with $245.7 million during the same period last year.Sales increased 27.7%to $27.6 billion, calculated on a pro forma basis

PARIS -- Synergies with Promodes helped Carrefour register a double-digit increase in first-half earnings.

A year after merging with rival retailer Promodes, French distribution giant Carrefour said earlier this month first-half net profit grew 10.7% to $271 million, compared with $245.7 million during the same period last year.

Sales increased 27.7%to $27.6 billion, calculated on a pro forma basis to reflect the inclusion of Promodes. Carrefour acquired Promodes in a friendly

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