Delhaize Group Q1 Profit Surges - Quick Facts

(RTTNews) - Delhaize Group (DEG) reported that its first-quarter group share in net profit was 109 million euros, up sharply from 28 million euros in the prior-year period. Net earnings per share were 1.04 euros compared to 0.27 euros last year.

EBITDA increased by 17.9 percent to 373 million euros and increased 16.2 percent at identical exchange rates. Underlying EBITDA increased by 15.6 percent, or 13.9 percent at identical exchange rates, to 391 million euros.

Underlying operating profit was 221 million euros, an increase of 27.9 percent at actual exchange rates, or up 26.0 percent at identical exchange rates.

Revenues for the quarter rose 5.7 percent to 6.15 billion euros, representing an increase of 4.3 percent at identical exchange rates.