Belgium-based retailer Delhaize has unveiled its result for the first quarter of 2013, with underlying profit rising on a year-on-year basis.

In its report, the group said that profit had climbed 13.7 per cent on the same period of last year at identical exchange rates, or 13 per cent at actual exchange rates, up to €214m.

Underlying EBITDA of €369 million represented a 7.1 per cent increase compared with the first quarter of 2012 at identical exchange rates, or up 6.4 per cent at actual exchange rates.

Revenue stood €5.5 billion, an increase of 2.1 per cent and 1.5 per cent at identical and actual exchange rates respectively.

Topics