date:Nov 07, 2012
Financial Summary Third Quarter 2012
Revenue growth of 1.6% (2.1% organic growth) at identical exchange rates
Comparable store sales decreased by 1.6% in the U.S. and increased by 0.6% in Belgium
Food Lion repositioning is delivering encouraging results with positive comparable sales growth in repositioned stores. The Food Lion network posted flat real growth during Q3.
Strong revenue and profitability increase in SEEA
Underlying operating margin of 4.0%, impacted by ongoing price inve