Family-owned international retail group Tengelmann posted European sales of €12.36bn (£9.86bn) in its 2008 financial year.

Kaiser’s Tengelmann - the supermarket division under strategic review - reported a 3% sales increase on a comparable basis, partly thanks to the ongoing store renovation scheme that will revamp 200 out of about 700 stores by the end of the year.

The reporting period comprises the eight months from May to December 2008 as the retailer brings its financial year in line with the calendar year.

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