Belgian grocery retail group Delhaize has backed its sales and earnings forecast for the full year.
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Speaking at the group’s annual shareholders meeting CEO Pierre-Olivier Beckers confirmed the company’s earnings guidance was as previously announced in March, reported Reuters.
In March, Delhaize said it expected sales growth of 2.5-3.5% and mid-single digit growth in earnings before goodwill and exceptional items, assuming constant exchange rates.
Delhaize does most of its business in the US, where it operates stores under the Food Lion banner.
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