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Colruyt Raises Sales Forecast for Colruyt Stores, Tijd Reports

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Dec. 2 (Bloomberg) -- Colruyt NV raised its full-year sales forecast for its Colruyt stores to 6 percent to 6.8 percent from a previous range of 4.25 percent to 6.5 percent, De Tijd reported, citing Chief Financial Officer Wim Biesemans.

“We now have a better view on the rest of the financial year, and then we see higher inflation and an increasing market share,” Biesemans said at an analysts meeting yesterday, according to the newspaper.

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To contact the editor responsible for this story: Andrew Clapham at aclapham@bloomberg.net

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