Colruyt has predicted that its net profit should rise by 4.6% in the year to the end of March 2010.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Speaking at the company’s annual general meeting, Jef Colruyt, chairman of the Belgian discount supermarket, said that profits are expected to increase from EUR306m (US$450.3m) in fiscal 2008/9 to EUR320m in the current financial year.


In his annual address, Colruyt said that inflationary pressures, automatic indexing and the lack of some “specific skill profiles” on the labour market will weigh on the company’s cost structure this year.


In July, the group posted a 6.6% rise in first-quarter sales.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now