Sligro resluts develop thriving

In the publication of its 2001 annual accounts on 24 January 2002, Sligro assumed an organic growth in turnover of four to five percent for the year 2002 and an attractive growth in earnings per share.

All group activities (Van Hoeckel Grootverbruik/Prisma/Sligro) are thriving. Therefore for the first half of 2002 we assume a total organic growth in turnover of five to six percent.
The gross margin increased through good margin management and the further strengthened position of the cooperative purchasing combination Superunie, to which Sligro has transferred its retail purchasing activities. The costs are under control and the interest expenses are showing a considerable decline.

Therefore, on the basis of these developments, Sligro Beheer N.V. assumes a growth in earnings per share (after amortisation of goodwill) of at least 25% for the first six months of 2002. During the first half of 2001, earnings per share amounted to € 1.03.

This forecast does not take into account the positive effect on the growth in earnings per share resulting from the planned takeover of EM-TÉ Supermarkten B.V. announced on 16 April 2002.

The half-year figures of Sligro Beheer N.V., as well as prospects for the whole of 2002 will be published on 18 July 2002.

(source: Sligro)

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