| Business Summary | | Delhaize
Group
is
a
transnational
retail
group
specializing
in
the
self-service
sale
of
food
products
and
daily
items.
Delhaize
Group's
sales
network,
at
year-end
2000,
consisted
of
2,310
stores
in
10
countries
on
three
continents.
The
Company
was
founded
in
Belgium
in
1867.
For
2000,
75.6%
of
the
Company's
revenue
was
derived
from
Delhaize
America,
16.4%
came
from
Belgian
operations,
and
8%
came
from
other
regions
around
the
world. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Delhaize
Group
is
a
food
retailer
headquartered
in
Belgium,
operating
a
network
of
2,310
stores
in
ten
countries,
including
Food
Lion,
Hannaford
and
Kash
n'Karry
in
the
Eastern
United
States.
For
the
fiscal
year
ended
12/31/00,
total
revenue
rose
27%
to
EUR18.58
billion.
Net
income
according
to
U.S.
GAAP
fell
9%
to
EUR150.7
million.
Results
reflect
the
addition
of
new
stores
and
acquisitions,
offset
by
increased
interest,
merger
and
store
closure
expenses. Recent Earnings Announcement For
the
3
months
ended
03/31/2001,
revenues
were
4,993,600;
after
tax
earnings
were
26,700. (Preliminary; reported in thousands of Euro.) | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Pierre-Olivier Beckers, 40 | Pres,
CEO | Jean-Claude Wallant, 55 | CFO | Pierre Dumont, 63 | Sec.
of the Exec. Committee, Director Devel. Group HR Delhaize Group | Renaud Cogels, 52 | Member
of the Exec. Committee Delhaize Group and Gen. Mang. Delhaize Belgium | Arthur Goethals, 55 | Member
of the Exec. Committee Delhaize Group, Exec. Director Sales & Marketing Delhaize Belg |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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