The result compares with a net loss of ¤58 million in the same period a year earlier.
Olofsson said Carrefour "turned in a good performance" and that he is "confident of achieving our 2010 objectives." "Carrefour has also consolidated its positions in its priority markets through acquisitions and partnerships and taken radical operating decisions to restore profitability in underperforming markets," he said in a statement.
The world's second-largest retailer behind Wal-Mart Stores Inc. said Tuesday it booked one-off charges of ¤384 million in the six month period, mostly from restructuring.
Since Olofsson took over last year, Carrefour has sought to gain market share in France, which accounts for 40 percent of sales, by slashing prices, promoting the brand, introducing a discount range and accelerating the conversion of stores to the Carrefour banner.
An improved price image helped like-for-like market share in France increase by 80 basis points since the beginning of the year under the Carrefour banner, the company said.
In Belgium, where Carrefour is closing or selling stores and laying off workers, the company has signed an agreement with unions that willl help relaunch the company "on a redefined and sound footing." Carrefour also said it wants to improve the performance of its hypermarkets in Brazil and strengthen its position in China.
Revenue in the first half rose 6 percent to ¤43.73 billion.
From continuing operations, Carrefour reported a net profit of ¤67 million in the first half compared with a net loss of ¤48 million a year earlier.
