Plesio, the former Casino group, reported third-quarter sales of €1.95 billion on 10 November, up 0.3% on a like-for-like basis. Food sales fell at Monoprix, where the retailer said missing agreements with some suppliers continued to affect volumes.

The update offers a mixed picture for supermarkets in France. Reported group sales declined 2.7%, reflecting a smaller convenience store network. Like-for-like growth strips out changes in the network, so the two measures tell different stories about demand and the size of the business.

Monoprix generated €900 million in quarterly sales, down 2.6% like for like. Its food sales fell 2.1% and food volumes dropped 2%. The supplier agreement issue makes product availability part of the trading story, alongside pressure on household spending.

For suppliers assessing orders, the group average therefore needs care. A stable headline does not mean every banner or category is selling more. Replenishment plans depend on the stores being served and whether commercial terms allow products to reach shelves.

Casino, Spar and Vival together grew sales 5.4% like for like. Franprix rose 1.1%, while Naturalia increased 3.5%.

Franprix also took full control of Pro Distribution earlier this month. The deal brings a 90-store network fully under the banner’s ownership.

Plesio’s adjusted EBITDA reached €498 million over the first nine months, up 9.3%. That is a nine-month profitability measure, rather than a third-quarter profit figure. The company said its Q3 financial estimates had neither been audited nor reviewed by its statutory auditors.

The trading release came alongside a separate financing announcement. An agreement in principle reached on 9 November proposes €390 million of new equity from majority shareholder France Retail Holdings. It would reduce Term Loan B principal from €1.4 billion to €800 million, with part of the debt converted into shares.

This is a proposed restructuring, rather than completed funding. Plesio is working towards a binding lock-up agreement and implementation by the end of March 2027. Documentation, votes by affected creditors and shareholders, and court approval remain necessary.

The group adopted the Plesio name on 20 October. Its store brands retain their identities. That distinction matters for suppliers: the parent identity has changed, while customers continue shopping under names including Monoprix, Casino, Franprix and Naturalia.

The next milestones are completion of the financing agreements and approval of the restructuring plans. For trading partners, the practical test will also be whether improved finances help restore availability and support more consistent food sales.

Editor’s note: Based on Plesio’s Q3 activity release and financing announcement, both dated 10 November 2026. Financial figures are company estimates.