BRUSSELS — Delhaize Group here, parent of the Food Lion, Hannaford Bros. and Sweetbay chains in the U.S., at its annual shareholders’ meeting yesterday confirmed its financial outlook for the year, in which profit gains are weighted toward the second half. The company expects operating net income growth of 25% to 30% on revenue gains of 4% to 5.5%, including comp-store sales growth of 2.5% to 3.5% in the U.S. Delhaize also agreed to pay a dividend of 1.44 euros (about $2.26) per share beginning May 30. Shareholders also approved Francois Cornélus as a director for a three-year term, and confirmed the independence of four other directors, who were re-elected to the board: Count Arnaud de Pret, Jacques de Vaucleroy, Hugh Farrington and Baron Luc Vansteenkiste.
Read More of Today's Headlines
