ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

B Bastogi Spa

0.40
-0.015 (-3.61%)
26 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bastogi Spa BIT:B Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.015 -3.61% 0.40 0.401 0.423 0.40 0.40 0.40 1,261 16:40:00

Delhaize Group Continues Strong Revenue Growth in Third Quarter

08/11/2007 7:00am

Marketwired


Bastogi (BIT:B)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Bastogi Charts.

BRUSSELS, BELGIUM * Confirmation of Group revenue and profit guidance

CEO Comments

"In the third quarter of 2007, Delhaize Group realized a robust revenue performance and maintained its strong operating margins despite comparing to last year's exceptionally strong quarter", said Pierre-Olivier Beckers, President and Chief Executive Officer of Delhaize Group.

"We are particularly happy with the excellent performance of our operations in the U.S. We realized 4.6% U.S. comparable store sales growth, the highest since 2000 and continued to grow our U.S. operating margins. Revenue growth at both Food Lion and Hannaford stayed strong, particularly through increasing customer traffic. Sweetbay realized its best comparable store sales growth since the launch of the conversion project, showing encouraging signs in the rebranding of our Florida business."

"In Belgium, intense competition, exceptionally bad summer weather and the sale of our beauty and body care business Di impacted our sales growth, although we still realized positive sales growth against the strongest quarter of 2006. We are positioning ourselves for better sales dynamics by investing significantly in our price position despite the temporary negative margin impact. Our Greek, Romanian and Indonesian operations continued their positive growth in revenues and profits."

                              CONTACTS

Guy Elewaut:                      + 32 2 412 29 48
Geert Verellen:                   + 32 2 412 83 62
Geoffroy d'Oultremont:       + 32 2 412 83 21
Liesbeth Driesen:                + 32 2 412 86 69
Amy Shue:                          + 1 704 633 82 50 (ext. 2529)

Copyright © Hugin ASA 2007. All rights reserved.

1 Year Bastogi Chart

1 Year Bastogi Chart

1 Month Bastogi Chart

1 Month Bastogi Chart

Your Recent History

Delayed Upgrade Clock