Delhaize Group: an International Group of Food Retailers with a Strong Local Identity

Delhaize Group is a Belgian food retailer present in seven countries on three continents. At the end of the third quarter of 2008, Delhaize Group’s sales network consisted of 2,630 stores. In 2007, Delhaize Group posted EUR 19.0 billion (USD 26.0 billion) in revenues and EUR 410.1 million (USD 562.1 million) in net profit (Group share). At the end of 2007, Delhaize Group employed approximately 138,000 people. Delhaize Group’s stock is listed on Euronext Brussels (DELB) and the New York Stock Exchange (DEG).

At the end of 2007, Delhaize Group operated companies in seven countries on three continents: the United States, Europe and Asia. For reporting purposes, these companies are grouped into four segments: the United States, Belgium, Greece and the Emerging Markets.

United States
The U.S. is the largest market for Delhaize Group. At the end of 2007, Delhaize Group operated 1,570 stores under different banners in the U.S. With 2007 revenues of USD 18.2 billion (EUR 13.3 billion), Delhaize U.S. accounted for 69.9% of revenues of the Group. Delhaize U.S. is the third largest supermarket operator by revenues on the east coast of the U.S.

Belgium
Belgium is Delhaize Group’s home market. At the end of 2007, Delhaize Group operated a multi-format network of 738 stores in Belgium, the Grand-Duchy of Luxembourg and Germany. These can be grouped in three categories: supermarkets, proximity stores and specialty stores. Delhaize Belgium also operates a home delivery service. In 2007, Delhaize Belgium’s revenues of EUR 4.4 billion accounted for 23% of the Group total.

Greece
In Greece, Delhaize Group owns 61.3% of Alfa-Beta, the country’s second largest food retailer. Alfa-Beta operates a network of 159 food stores under different banners, realizing EUR 1.2 billion in revenues (6.2% of the Group total).

Emerging Markets
Delhaize Group’s Emerging Markets include operations in Romania and Indonesia (Delhaize Group holds a 51% investment in Lion Super Indo).
In its 78 stores in these countries, Delhaize Group generated in 2007 revenues of EUR 165.5 million (0.9% of the Group total).