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Etablissements Delhaize Freres Et Cie Le Lion Sa

Public company Etablissements Delhaize Freres Et Cie Le Lion Sa, together with its subsidiaries, operates as a food retailer in Belgium, Luxembourg, and other countries. The company operates through four segments: Supermarkets, Convenience Stores, Wholesale and Others. The company's stock symbol is DEG.

Market Capitalization: $2.8 million

Earnings Date: Aug 25, 2": $14.78

EPS (TTM): - $0.58

Dividend Yield: 1.23%

Average Volume: 12,112

52-Week Range: $58.87 - $85.16

For the first half of 2022, revenue was € 4,872 million, which represented a 16.2% increase at constant exchange rates. This performance was primarily driven by the strong growth momentum in the United States, both in-store and online. It also benefited from the first-time consolidation of the U.S. company, Earth's Menu. This acquisition marked an important step in the transformation of the Group toward more sustainable and healthy food.

The company's net profit was € 166 million in the first six months of 2022. It represents a net margin of 3.4%, an improvement of 25 basis points compared to last year. The improvement is primarily driven by the Group's transformation and cost-saving initiatives.