Swiss food retailer Bon Appetit Group has reported a 3.7% fall in first-half sales to CHF1.5bn (US$1.1bn) but said there had been signs of improvement.
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Bon Appetit attributed the fall in sales to lower sales at smaller outlets and in catering supplies. The retailer also said, however, that after a particularly weak May, sales have improved, reported Dow Jones International News.
The company said that the publication of a bid by German retailer Rewe for the Swiss chain would be delayed until 2 September due to the lengthy preparation of a merger report for the European Commission.
Rewe is to take over Curti & Co, which owns a stake of around 53% in Bon Appetit. A public offer for the remainder of the shares will run for 20 days from 3 September.
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