Casino Says It's `Confident' on Asset Disposal Plan

Mr. Lubeck, Deputy CFO of Casino Group, discusses the company's strong operational performance despite a change in SNP rating methodology. He addresses challenges from short-seller Muddy Waters and outlines a €1.5 billion asset sale plan to reduce debt. The company is confident in its disposal strategy, with real estate assets fetching excellent prices.

What does Mr. Lubeck say about the S&P statement regarding Casino Group?

• It indicates a deterioration in business.

• It suggests a need for asset sales.

• It highlights a drop in share price.

• It praises the company's operational performance.

How does Mr. Lubeck plan to achieve the €1 billion debt reduction?

• Through asset sales and cash flow generation.

• Through a merger with another company.

• By increasing sales prices.

• By cutting operational costs.

What is the total value of the asset sale plan mentioned by Mr. Lubeck?

• €500 million

• €2 billion

• €1 billion

• €1.5 billion

By when does Mr. Lubeck plan to complete at least half of the asset sales?

• By the end of the first quarter

• Within the next six months

• By the end of this year

• By the end of the next year

What type of assets is Casino Group selling, according to Mr. Lubeck?

• Only real estate

• Only technology assets

• Only retail stores

• A mix of real estate and other assets