date:Apr 08, 2014
operating profit dropped 39 million to 328 million.
In a statement released by the company, Esselunga highlight the level of investment as one of the reasons for profits which were less than analysts' expectations.
During 2013, the Group invested 387 million in new store openings and refurbishments. This brings the total investment over the past four years to 1.4 billion.
Directors also confirmed plans to create 2,000 jobs during 2014 while continuing with the expansion of its network, most