Core Insights - Casino Group has expanded its Renouveau plan to 2030, reflecting confidence in its strategic direction and operational improvements [4][5][6] Financial Performance - The company reported a return to growth in like-for-like sales, with a 2.4% increase in Q2 and 0.5% in H1 2025, alongside a 12% growth in adjusted EBITDA [6][9] - As of September 30, 2025, Casino Group had a liquidity position of €1.22 billion and successfully passed its first solvency test [3][10] Strategic Initiatives - The Renouveau 2030 plan includes modernizing stores, rolling out new concepts, and enhancing franchising efforts, with a focus on convenience retailing and quick meal solutions [4][6][9] - Specific brand initiatives include refurbishing 100% of the Monoprix store network by 2030 and expanding the Oxygène concept in Franprix to around 800 stores [8][9] Market Context - The company is navigating a competitive landscape characterized by increasing pressure from non-food discounters and Asian e-commerce platforms, yet it remains well-positioned in the convenience and quick meal solutions markets [5][6] Financial Restructuring - Casino Group is initiating work to adapt and strengthen its financial structure, aiming to reduce debt from €6.2 billion at the end of 2023 to €1.6 billion by March 2024 [9][14] - The company plans to complete its financial restructuring by the end of Q2 2026, overseen by an Ad Hoc Committee [10][14]