Delhaize Group has reported revenues of E20.8bn (£17.7bn) for 2010. This represents an increase of 1% at identical exchange rates or 4.6% at actual exchange rates, due to the strengthening of the US dollar by 5.2% against the euro compared with 2009. Organic revenue growth was 0.9%.
Delhaize Group added 68 stores last year, bringing its total to 2,800 by December. US operations generated revenues of $18.8bn (£11.8bn), a decrease of 1% year on year while like-for-like sales decreased by 2%. Delhaize Belgium posted revenues of E4.8bn (£4.1bn), a rise of 4% compared with 2009, while like-for-like sales growth was 3.2%.
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