Food Lion 2002 Annual Report Download - page 26

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Southern and Central Europe
24 | Delhaize Group | Annual Report 2002
Continued integration of nine Trofo stores
into the Alfa-Beta network
Increased market share at Alfa-Beta
Remodeled Delvita stores
Created European IT, Technical and
Supply Chain Departments
2002 Highlights:
Outlook for 2003:
Add 10 stores for a total of 235 stores
Conclude the integration of Trofo stores into the Alfa-Beta network
Increase structural cooperation between all European banners
Number of Stores
147 211 177 224 225
98 99 00 01 02
Sales
(in millions of EUR)
749 895 959 1,091 1,166
98 99 00 01 02
2002 2001 change
Number of stores 225 224 +1
Sales* 1,166.3 1,091.0 +6.9%
Operating profit* 14.1 13.5 +4.4%
Operating margin 1.2% 1.2% -
Net earnings* (17.1) (30.0) +43.0%
* in millions of EUR