A tumultuous week at Europe's largest supermarket group Carrefour has been ended by yearly results revealing a 3.3 per cent rise in profits from recurring items.
In the last 12 months the French-owned group saw its earnings increase to €1.86 billion (£1.27 billion).
But in the last few days chairman Luc Vandevelder resigned amid reports of a disagreement with Carrefour's major shareholder, the Halley family.
Mr Vandevelder, a former boss at Marks and Spencer, has since been replaced with Robert Halley.
And Carrefour chief executive officer Jose Luis Duran has admitted that the French market remains "difficult" for the group.
Overall sales went up by 6.6 per cent however, boosting net income by 58 per cent to €2.27 billion (£1.54 billion).
This total increase was fuelled by sales rises in Latin America and Asia by 17 per cent and 14 per cent respectively.
Carrefour, which is the world's second largest supermarket chain after Wal-Mart, owns more than 12,000 outlets across 29 countries and employs almost half a million employees worldwide.
Digg 
Delicious 
Reddit 
StumbleUpon 
Google 
Technorati 
Netvouz