Economics

Delhaize upgrades 2013 outlook after results

Belgian international food retailer Delhaize with just over 30 locations in Luxembourg, upgraded its 2013 outlook on Thursday after better-than-expected second-quarter results, sparking sharp gains in its share price.

08.08.2013

(AFP) Belgian international food retailer Delhaize with just over 30 locations in Luxembourg, upgraded its 2013 outlook on Thursday after better-than-expected second-quarter results, sparking sharp gains in its share price.

For the three months to June, Delhaize reported a net profit of 104 million euros, up 20.3 percent and above the 99 million euros consensus analyst estimate compiled by Dow Jones Newswires.