Food Lion 2009 Annual Report Download - page 39
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Please find page 39 of the 2009 Food Lion annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.35
DELHAIZE GROUP AT A GLANCE
OUR STRATEGY
OUR ACTIVITIES IN 2009
CORPORATE
GOVERNANCE STATEMENT RISK FACTORS FINANCIAL STATEMENTS
SHAREHOLDER INFORMATION
››
FINANCIAL REVIEW
›
Realized 10.2% growth in group share in net profit at identical exchange rates (excl. 53rd week in 2008)
›
Grew operating profit by 3.4% at identical exchange rates (excl. 53rd week in 2008)
›
Increased revenues by 2.6% at identical exchange rates (excl. 53rd week in 2008)
›
Posted strong operating margin of 4.7%
› Proposed
gross dividend of EUR 1.6 per share, 8.1% higher than last year
››
BUSINESS REVIEW
›› United States
› Added 13 stores for a total of 1 607
› Re-opened 53 supermarkets after remodeling or
expansion work
› Daytona Beach, Florida and Columbia, South
Carolina market renewals
› Continued cost-reduction programs and price
investments
› Finalized first phase of U.S. supply chain master
network
SEE MORE ON PAGE 40
›› Belgium
› Added 17 stores for a total of 792
› Became market and value leader
› Further progress in
”Excel Plan 2008-2010”
SEE MORE ON PAGE 44
›› Greece
› Added 15 stores for a total of 216
› Finalized acquisition of 11 stores and one distribu-
tion center
› Increased market share to 16.8%
SEE MORE ON PAGE 46
OUR ACTIVITIES IN 2009
›› Indonesia
› Added 3 stores for a total of 66
› Extended fresh and dairy categories
› Modernized supply chain systems
SEE MORE ON PAGE 49
›› Romania
› Added 11 stores for a total of 51
› Acquired and converted 4 stores
› Opened 1 Red Market store in Bucharest
› Doubled the size of the floor space for distribution
› Introduced new private brand for local Romanian
products and extended fresh offering
SEE MORE ON PAGE 50
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