RETAILERS, DELHAIZE: RECORD TURNOVER GROWTH SINCE 2003
Delhaize, the largest chain of food distribution, scored the biggest increase in its turnover since the last 7 years on the domestic market. In the first half of this year the turnover reached 2.34 billion euros.
25/08/2010 17:56Delhaize's turnover in the first six months this year has registered an increase by 5.5% over the same period last year.
According to Delhaize, the revenue growth is attributable to the good performance of the commercial activities carried out as well as to favorable weather conditions.
Delhaize’s return of assets in Belgium increased by 27.4% to 118 million euros, thanks to improved conditions of purchase and lower distribution costs. A spokesman for the Belgian food group also argues that customers’ perception of pricing is improving, thing that allows acquiring more market shares.
