NETHERLANDS: Laurus expects sharp increase in profits - MEMBERS
Beleaguered Dutch retailer Laurus says it expects to see a dramatic improvement in operating profits from its domestic stores. The VEB shareholders' lobby is quoted by Reuters as saying that adjusted earnings before interest and tax (EBIT) from the Dutch division should climb to €65m (US$63m) in 2003, €100m in 2004 and €117 in 2005. The group is expecting its Dutch activities to break even this year. These figures are based on an internal Laurus memo.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- 2017: three major drivers of M&A strategy
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- 2017 - what will shape the UK food sector?
- Premier Foods issues profit warning
- UK's Bakkavor plays down IPO "speculation"
- Ferrero insists Nutella not pulled from shelves
- Kellogg to slash 250 jobs
- Lindt sees FY sales acceleration on Europe growth