Sligro's food retail profit dwindles

Sligro's food retail profit dwindles

Profits for Sligro Food Group's food retail branch, which consists mostly of Emté supermarkets, almost halved in the first half of 2014, even though net profit for the entire group grew 2.4 %.

Especially the weak first quarter, with a 2.7 % turnover drop, caused the negative results for the food retail branch as the second quarter resulted in 1.2 % growth.

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