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Topic: Delhaize Group


  
  Delhaize Group - Wikipedia, the free encyclopedia
Delhaize Group (Euronext: DELB, NYSE: DEG) is a food retailer headquartered in Belgium which operates in 10 countries and on three continents.
The principal activity of Delhaize Group is the operation of food supermarkets in North America, Europe and Southeast Asia.
Delhaize Group's operations are located primarily in the United States (Food Lion) and Belgium.
en.wikipedia.org /wiki/Delhaize_Group   (250 words)

  
 Press release : DELHAIZE GROUP CompanynewsGroup
Delhaize Group's net debt decreased from EUR 3.9 billion at the end of 2002 to EUR 3.3 billion at the end of the third quarter 2003 due to the use of free cash flow and the weaker U.S. dollar.
Delhaize America generated USD 100.3 million free cash flow in the third quarter of 2003, totaling USD 979.6 million since the beginning of 2001 toward the Delhaize America target of USD 1 billion free cash flow in the period 2001-2003.
Delhaize Group's net debt amounted to EUR 3.3 billion at the end of the third quarter of 2003, a decrease of EUR 586.8 million compared to EUR 3.9 billion net debt at the end of 2002.
www.companynewsgroup.com /communique.asp?co_id=3584   (1973 words)

  
 DELHAIZE GROUP reports third quarter results 2001 - EBITDA increase by 38.0%, Cash EPS by 36.9%
Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, reported today an increase of cash earnings per outstanding share by a strong 36.9% to EUR 1.00 in the third quarter of 2001.
In the third quarter of 2001, the contribution of Delhaize America to the cash earnings of Delhaize Group was USD 76.7 million (EUR 86.2 million), an increase by 263.1% compared to USD 21.1 million (EUR 23.3 million) in the comparable thirteen-week period in 2000.
Delhaize America achieved approximately USD 13 million in benefits from best practices and synergy development in the third quarter of 2001 for a total of USD 47 million achieved in the first full year post-acquisition, exceeding the original target of USD 40 million.
www.behr.nl /Beurs/PRLine/127390.html   (2740 words)

  
 Private Label Magazine Featured Article
Delhaize Group is employing large in-store displays-as seen here for its carbonated beverages-to introduce the new 365 Brand of everyday value private label throughout its trading area in Europe.
Delhaize started to expand its store operations into southern and central Europe at the beginning of the 1990s and now the group operates various retail formats in several countries.
Delhaize has worked in collaboration with Pierre Wynants, the renowned cook at "Comme chez soi," the 3 Michelin star restaurant in Brussels, to carry a range of premium and inventive fresh chilled meals that are 10 to 15% cheaper than A-brand products in the same category.
www.privatelabelmag.com /pdf/nov2004/1d.cfm   (1370 words)

  
 MSN Money - DEG Key Developments: Investing
Delhaize Group announced that it confirms sales and net earnings guidance of respectively 3.5% - 4.5% growth and 15% - 20% growth in fiscal 2005.
Delhaize Group reiterated that it expects full year 2005 sales growth to be 3.5% to 4.5%, operating profit growth in mid-single digits, and net profit growth is expected to be between 15% and 20%.
Delhaize Group announced that net sales and other revenue will grow in full year 2005 by 3.5% to 4.5% and that net profit growth is expected to be between 15% and 20%.
news.moneycentral.msn.com /ticker/sigdev.asp?Symbol=DEG   (342 words)

  
 WebWire® | Delhaize Group’s Subsidiary Alfa-Beta Reaches Settlement with Greek Tax Authorities
While this settlement is not in line with the expected outcome, Delhaize Group supports Alfa-Beta’s decision to settle this matter in the face of very penalizing tax law when the Greek tax authorities reject a company’s books.
Delhaize Group is a Belgian food retailer present in eight countries on three continents.
Delhaize Group and Delhaize America disclaim any obligation to update developments of these risk factors or to announce publicly any revision to any of the forward-looking statements contained in this release, or to make corrections to reflect future events or developments.
www.webwire.com /ViewPressRel.asp?aId=7309   (489 words)

  
 Delhaize Group Reports Net Profit of EUR 158.2 million in First Half 2005 and Confirms its Full Year Guidance
Delhaize Group ended the second quarter of 2005 with a sales network of 2,614 stores compared to 2,560 stores at the end of March 2005.
Delhaize Group generated free cash flow of EUR 54.0 million before acquisitions and held EUR 623.9 million cash and cash equivalents at the end of the second quarter.
The U.S. sales of Delhaize Group grew by 3.8% to USD 8.2 billion in the first six months of 2005 compared to the previous year, supported by the acquisition of Victory in the fourth quarter of 2004.
www.primezone.com /newsroom/news.html?d=83719   (2983 words)

  
 ::► Nachrichten | HUGIN NEWS/Delhaize Group Reports Preliminary 2005 Sales Of EUR 18.6 Billion ◄::
Delhaize Group ended 2005 with a sales network of 2,636 stores, a net increase of 71 stores compared to the previous year (including the acquisition of 43 Cash Fresh and the sale of 11 Delvita stores in Slovakia).
Delhaize Group finished the year 2005 with 1,537 supermarkets in the U.S. During 2005, Delhaize Group opened or acquired 42 new stores in the U.S., including 11 relocated stores, resulting in an increase of 14 stores, net of 17 store closings.
Delhaize Group plans to close 19 stores in the U.S., resulting in a net increase of 26 stores to a total number at the end of 2006 of 1,563 stores.
www.finanznachrichten.de /nachrichten-2006-01/artikel-5875065.asp   (2074 words)

  
 Complaint: SEC v. Jean-Jacques Degroof and Francis Degroof
Delhaize America, Inc. was, at all material times, a New York Stock Exchange listed company headquartered in Salisbury, North Carolina, engaged in the business of operating supermarkets.
On January 7, 2000, the board of directors of Delhaize Group authorized a study regarding the feasibility of purchasing substantially all of the shares of Delhaize America, Inc. not owned by Delhaize Group.
On September 3, 2000, the study was discussed at an informal meeting between management and a majority of the directors of Delhaize Group.
www.sec.gov /litigation/complaints/complr17554.htm   (836 words)

  
 Untitled   (Site not responding. Last check: 2007-10-12)
Delhaize America, a division of Belgian food retailer Delhaize Group, is the parent company of more than 1,500 U.S. supermarkets operating as Food Lion, Bloom, Bottom Dollar, Harveys, Reid’s, Hannaford Bros., Kash n’ Karry and Sweetbay.
Delhaize said the financial impact of the tax settlement totals about $12.8 million, or $6.6 million after accounting for the minority-owned share.
The company said Delhaize America sales were impacted by the acquisition of Victory, the closing of 34 Kash n’ Karry stores in the first quarter, the acquisition of Harveys at the end of 2003 and an extra week in the prior year, which added $308.6 million to 2003 sales.
www.supermarketnews.com /xref.cfm?&ID=8235&xref=Delhaize   (1174 words)

  
 Delhaize Group stock - The gift of a single share.
Delhaize Group is a retail group specializing in the self-service sale of food products and daily items.
Delhaize Group's sales network, at year-end 2001, consisted of 2,444 stores in 10 countries on three continents.
At the end of 2001, Delhaize Group operated 86 supermarkets in Thailand, Singapore and Indonesia.
www.singleshare.com /stocks/deg.shtml   (160 words)

  
 Delhaize hit by dollar dip
Delhaize preferred to put a positive spin on its performance in 2002, highlighting its efforts to stem declining sales at US units Food Lion and Kash n' Karry, as well as strong performances from another USA unit, Hannaford, its domestic Delhaize business and Alfa-Beta in Greece.
Delhaize Belgium sales grew by 6.5 per cent thanks to the expansion of the network by 32 stores and comparable store sales growth of 3.7 per cent.
Delhaize’s Asian unit reported sales growth of 16.6 per cent as a result of the addition of 17 supermarkets during the year.
www.foodnavigator.com /news/printNewsBis.asp?id=17170   (528 words)

  
 MVI News 2005.01.13 - Delhaize Publishes Preliminary 2004 Year-End Sales
Delhaize Group announced that its sales decreased -4.5% year-over-year to EUR18 billion in 2004, including the impact of currency.
In 2005, Delhaize plans to develop its network by adding 70 net new stores in order to reach 2,635 stores by the end of the year.
In 2005, the group's capital expenditure is estimated to be EUR600 million, USD550 million of which will be dedicated to US operations.
www.mventures.com /News/newsdetail.asp?NewsID=33106   (207 words)

  
 Delhaize Group Announces 2002 Sales : ArriveNet Press Releases : Business   (Site not responding. Last check: 2007-10-12)
Delhaize Group also announced the closing of 42 underperforming stores in the U.S. and the streamlining of the support structure of its largest U.S. banner, Food Lion.
Organic sales growth of Delhaize Group was 2.1% in 2002 and 0.4% in the fourth quarter of 2002.
In 2002, the contribution of Delhaize America to the sales of Delhaize Group was USD 15.0 billion (EUR 15.9 billion), an increase of 0.9% over 2001.
press.arrivenet.com /business/article.php/328677.html   (2166 words)

  
 News 14 Carolina | 24 Hour Local News | HEADLINES   (Site not responding. Last check: 2007-10-12)
BRUSSELS, Belgium - The grocer Delhaize Group reported stronger than expected second quarter results Thursday, citing improved margins as it restructures its U.S. supermarket chains Food Lion, based in Salisbury, N.C., and Kash n' Karry.
Delhaize, which also operates in Europe and Asia, reported it earned 81.9 million euros ($98 million) in the April-June quarter, up from 9.3 million euros a year ago when 51.8 million euros in charges related to a change in accounting principles depressed results.
Delhaize has been slashing costs, laying off workers and revamping many of its U.S. stores to compete with rivals such as Wal-Mart Stores Inc. The company closed 34 unprofitable Kash n' Karry stores early this year and bought the Harveys chain last year.
www.news14charlotte.com /content/headlines?ArID=70997&SecID=41   (495 words)

  
 [No title]   (Site not responding. Last check: 2007-10-12)
In a strange way, Delhaize Group’s journey from Belgium to America in 1974 evokes the image of the Pilgrims landing at Plymouth, Mass., in 1620.
Delhaize Group sought to expand its business to America in 1974 because of new legislation in Belgium severely restricting supermarket growth.
Delhaize Group has learned to constantly seek diversification, and believes that its small base in countries such as Thailand and Romania could one day lead to an American-like growth spurt.
www.supermarketnews.com /columnarchive2.cfm?&id=511   (528 words)

  
 September 2003 > Delhaize Group Purchases Harveys Stores in Georgia and Florida | NACS Online
BRUSSELS -- Delhaize Group has signed a definitive agreement to acquire 43 Harveys supermarkets located in central and south Georgia and the Tallahassee, Fla., area.
In addition, Delhaize Group will assume approximately $18 million in accounts payable and other short-term liabilities associated with the operation of Harveys.
"We are delighted to welcome Harveys to the Delhaize family," said Rick Anicetti, president and CEO of Food Lion and executive vice president of Delhaize Group.
www.nacsonline.com /NR/exeres/887DDD3A-2CB7-48D4-BD27-F2A15A75D842.htm?NRMODE=Unpublished   (318 words)

  
 Siam Future : Supermarket: Food Lion(Delhaize), Tops(Ahold) supermarket expanding
Delhaize Group plans to open 30 new Food Lion outlets in Thailand within the next three years, increasing its total to 50, said Denis Knoops, executive director for the Pacific region.
Delhaize's Asian sales revenues last year totalled about Bt6 billion, and the company plans to open 25 new stores in Asia next year, including the nine in Thailand.
Michel Prie, general manager of Bel-Thai Supermarket, a local subsidiary of the Delhaize Group, said Food Lion's expansion would be concentrated in Bangkok during the next three years.
www.siamfuture.com /ThaiNews/ThNewsTxt.asp?tid=392   (543 words)

  
 Business: Delhaize seeks U.S. unit's shares
Delhaize Group, the Belgian parent that controls 57 percent of Delhaize America Inc.'s voting shares, said Thursday it is offering a $1.7-billion stock swap to shareholders of Delhaize America.
Delhaize America shareholders would end up owning shares in a parent company with supermarkets in 11 European and Asian countries.
Delhaize officials said the simpler ownership structure will help it keep up as American and European retail conglomerates race to tighten their grip in the grocery industry.
www.sptimes.com /News/090800/Business/Delhaize_seeks_US_uni.shtml   (533 words)

  
 Investor's Business Daily: Breaking News
The Delhaize Group management team will be discussing the first quarter 2004 financial results during an investors' conference call that will start at 03.00 p.m.
Delhaize Group is a Belgian food retailer present in ten countries on three continents.
Delhaize Group undertakes no obligation to update this forward-looking information except as required by law.
www.investors.com /breakingnews.asp?journalid=20877211&brk=1   (459 words)

  
 Delhaize Group   (Site not responding. Last check: 2007-10-12)
Delhaize "Le Lion" operates 2,550-plus retail stores under 20-plus names in the US and eight countries in Europe and Asia.
On its own turf, Delhaize Belgium runs more than 700 stores under banners such as AD Delhaize, Delhaize, Di (health and beauty products), Tom and Co (pet products), and Proxy (convenience stores).
Delhaize "Le Lion" has been investing in Eastern Europe (Czech Republic, Romania, Slovakia) and in Asia (Indonesia).
www.buyblue.org /node/4916/print   (110 words)

  
 Delhaize Group Announces Modifications to the Composition of its Board of Directors (Delhaize Group) - STT Pressi.com   (Site not responding. Last check: 2007-10-12)
He joined the UCB Group (a pharmaceutical and chemical group based in Belgium) in 1970 and has been Chairman of its Executive Committee since 1987.
As a member of the Executive Committee of Delhaize Group, he was instrumental in the decision to make Delhaize's initial investment in Food Lion (Food Town Stores) in 1974.
Farrington, elected to the Board of Directors of Delhaize Group in 2001, was Chief Executive Officer of Hannaford from 1992 to 2001, and Executive Vice President of Delhaize Group and Vice Chairman of Delhaize America between 2001 and 2002.
www.pressi.com /be/release/64608.html   (768 words)

  
 Business in MaineToday.com | Maine Stock Trends
Delhaize Group, based in Belgium, already owns about 37 percent of the Delhaize America Class A (DZA) (non-voting) stock and about 56 percent of the Delhaize America Class B (DZB-$18.125) (voting) shares.
Delhaize expects that the merger will close early next year and that it will add to its earnings beginning in 2001.
Delhaize Group's stock is expected to continue to trade on the Brussels Bourse as well as on the New York Stock Exchange as American Depository Receipts (ADRs).
business.mainetoday.com /news/stocktrends/000911.shtml   (951 words)

  
 [No title]
Delhaize Belgium is also collaborating with a number of other star European chefs to create exclusive ready meal lines for its stores.
Delhaize is employing large in-store displays-as seen here for its carbonated beverages and fruit drinks-to introduce the new 365 brand of everyday value private label throughout its trading area in Europe.
The peculiarity of the 365 brand is that it is sold under the same name and packaging in the group's different countries and in the different store formats within the different countries.
www.privatelabelmag.com /pdf/pli_summer2005/1.cfm   (1940 words)

  
 Quote.com: Company   (Site not responding. Last check: 2007-10-12)
Delhaize Group is a Belgium-based food retailer, with operations in nine countries on three continents: North America, Europe and Asia.
As of December 31, 2005, Delhaize Group's sales network, which includes Company-operated, affiliated and franchised stores, consisted of 2,636 stores; store formats are primarily supermarkets.
Delhaize Group is engaged in food wholesaling to stores in its sales network and in retailing of non-food products, such as pet products, and health and beauty products.
www.quote.com /qc/research/marketguide.aspx?pg=corp&symbols=NYSE:DEG   (188 words)

  
 Interview with Guy Elewaut, Delhaize Group: TWST
Elewaut: Delhaize Group is a Belgian company listed on both the EuroNext Brussels and the New York Stock Exchange.
Then, since 1997 we have also been operating in Asia, particularly in Thailand and Indonesia.
Delhaize is an old company, founded more than 135 years ago.
www.twst.com /notes/articles/lzu006.html   (997 words)

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