Denmark - News & Analysis

30 August 2013
Couche-Tard’s first quarter merchandise and service revenues increased by 16.4% year-on-year, driven by the acquisition of Statoil Fuel and Retail in Europe. Same-store merchandise and service revenues increased by 2.7% in the US, 1.9% in Europe and by 0.7% in Canada. Fresh foods initiative and new fuel brand driving growth in Europe Couche-Tard’s acquisition of Statoil Fuel and Retail has...
10 July 2013
Couche-Tard’s total merchandise and services revenues in the fourth quarter increased by 9.3% to $1,766m, with net earnings increasing by 24.3% to $146.4m. For the full year, merchandise and service revenues increased by 15.1% to $7,596m, with net earnings up 25.2% to $572.8m. Investing in its European operations to drive efficiencies and growth These results are the first set to incorpor...
12 June 2013
Aldi is divided into two sister companies, Aldi Süd and Aldi Nord that act as distinct entities. Collectively they operate over 10,000 stores in 17 markets. In 2012 Aldi had an approximate turnover of €59.5bn with strong growth of 6.7% forecast for 2013. The domestic German market remains the most profitable for Aldi but as it nears saturation, international expansion remains a vital growth d...
22 May 2013
SPAR International has reported worldwide retail sales up 2.8% in 2012, and revealed its new strategy: "Growing our future together." International expansion has always been a strategic goal SPAR's new strategy builds on its long-term objectives. It sets out the strategic objectives for 2013-2015 under three broad headings: Growing our partners - Developing a multi-format presenc...
22 May 2013
Dansk Supermarked has reported revenue growth of 4.6% for the first quarter of 2013, across all formats and countries.  Denmark shifting towards discount In Denmark , volume continued to shift towards discount stores as they benefited from more Sunday openings. Profit (EBITDA up 11.8%) was boosted by cost cutting, the turnaround of Netto in Sweden and closure of non-performing stores. ...
02 May 2013
Metro Group has reported EBIT (before special items) of €14m, compared to €-8m in Q1 2012, due to earnings improvements at Real, Media-Saturn and other areas of the business.  Group sales down slightly Group sales for the period January to March were €15.5bn, a slight decrease of 0.9% vs. the previous year. This year included three fewer trading days, and the unseasonably cold weather af...
20 March 2013
Norwegian retail group, Reitangruppen has reported stellar performance in 2012, increasing sales by NOK8bn to a total of NOK71.7bn. Solid performance across all divisions All four divisions of the group saw sales rise, with a strong performance at  discount banner Rema 1000. Sales rose 11.6% across Rema, with Denmark delivering the strongest performance, up by 19.5% year on year. CEO of ...
24 January 2013
Norway's largest retailer has acquired Scandinavia Holdings' stake in Danish retailer Dagrofa. Retailers to become shareholders Norgesgruppen has entered into a conditional agreement with Scandinavia Holdings and KFI which sees it take over Scandinavia Holdings 55% share of the  Dagrofa business. It has also signed an ownership deal with KFI regarding the future ownerhsip and cooperation in...