PARIS & LONDON--(BUSINESS WIRE)--Fitch Ratings has upgraded France-based food retailer Carrefour SA's (Carrefour) Long-term Issuer Default Rating (IDR) and senior unsecured rating to 'BBB+' from 'BBB'. The Outlook on the Long-term IDR is Stable. The rating upgrade is driven by Carrefour's business profile improvement, reflected in its sales recovery and rising profitability. We believe the improvement is structural and therefore comfortably sustainable, primarily underpinned by the successful t
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