Albert / Hypernova
The following table contains operational information including net sales and operating income (loss) information for Albert / Hypernova in 2008 and 2007:
|
2008 |
2007 |
| Net sales in EUR (millions) |
1,774 |
1,558 |
| Change in identical sales (excluding gasoline sales): |
|
|
| Albert / Hypernova |
3.1% |
7.1% |
| Operating income in EUR (millions) |
1 |
0 |
| Operating income as a percentage of net sales |
0.1% |
0.0% |
| Underlying operating income as a percentage of net sales |
(0.2)% |
0.1% |
| Number of employees at year end (Headcount) |
14,656 |
15,003 |
| Number of employees at year end (FTE) |
13,913 |
14,243 |
| Sales area (in thousands of square meters) |
525 |
529 |
Net sales
Net sales increased 13.9 percent to EUR 1.8 billion in 2008; at constant exchange rates, net sales growth was 2.8 percent. The increase in net sales was primarily due to increased identical store sales, partially offset by stores that were closed for remodeling during the year. In the second half of the year, the market deteriorated as a result of the economic downturn and continuing competition.
Operating profit
The operating company increased its operating result from breakeven in 2007 to EUR 1 million in 2008. The result included approximately EUR 3 million of gains on the sale of real-estate and EUR 1 million of an impairment reversal.
| |
December 28, 2008
Number |
December 30, 2007
Number |
| Store portfolio development |
|
|
| Czech Republic |
300 |
296 |
| Slovakia |
25 |
25 |
| Albert / Hypernova |
325 |
321 |
For more business infomation, go to Albert / Hypernova
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