Colruyt Group Sees Revenue Rise By 2.8% In Full-Year 2017/18
Belgium's Colruyt Group said that its revenue rose by 2.8% in full-year 2018 (excluding petrol), with the business citing sales price inflation, portfolio expansion and organic growth as influencing factors on its performance.
Revenue for the year was €9.03 billion, with gross profit standing at €2.35 billion. Retail accounted for 82.6% of the group's consolidated revenue.
Gross profit margin was also up, to 26%, from 25.8% the year before.
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