date:Feb 05, 2014
Shares in the Belgian family owned supermarket chain Colruyt dropped to a seven month low this morning, after the company announced that its market share weakened during the October to December period.
Shares fell by as much as 9.4% to 38.115, according to Reuters, and Colruyt also forecast that its net profit will be slightly lower than the 353 million recorded a year earlier.
In the last months revenue has been increasing less rapidly than in the first six months of this financial year, Col