Giant-Carlisle
The following table contains operational information including net sales and operating income information for Giant-Carlisle in 2008 and 2007:
|
2008 |
2007 |
| Net sales in EUR (millions) |
3,238 |
3,145 |
| Net sales in USD (millions) |
4,738 |
4,307 |
| Change in identical sales (excluding gasoline sales): |
|
|
| Giant-Carlisle |
4.7% |
3.2% |
| Change in comparable sales (excluding gasoline sales): |
|
|
| Giant-Carlisle |
5.4% |
4.6% |
| Operating income in EUR (millions) |
160 |
156 |
| Operating income in USD (millions) |
233 |
213 |
| Operating income as a percentage of net sales |
4.9% |
4.9% |
| Underlying operating income as a percentage of net sales |
5.1% |
5.0% |
| Number of employees at year end (Headcount) |
26,890 |
23,594 |
| Number of employees at year end (FTE) |
17,087 |
15,553 |
| Sales area (in thousands of square meters) |
561 |
531 |
Net sales
In 2008, net sales increased 10 percent to USD 4.7 billion. Excluding gasoline, identical sales increased 4.7 percent in 2008, compared to 3.2 percent in 2007. Giant-Carlisle continues to grow in a competitive market by offering quality products and services and running effective promotional activities.
Operating income
In 2008, operating income increased USD 20 million or 9.4 percent to USD 233 million. The improvement was driven by strong sales growth, cost efficiencies and cost savings initiatives. The results were impacted by USD 11 million of restructuring and related charges, as discussed in Results from operations.
| |
December 28, 2008
Number |
December 30, 2007
Number |
| Store portfolio development |
|
|
| Giant |
123 |
120 |
| Martin’s |
25 |
25 |
| Giant-Carlisle |
148 |
145 |
For more business infomation, go to Giant-Carlisle
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