Valora posts a significant increase in operating profit and higher earnings per share in the first half of 2019
(WorldNews Switzerland)

Where not mentioned differently, for reasons of comparability, H1 2018 figures are referred to on a pro-forma basis in the following, adjusted for changed accounting standards (IFRS 16) and, for revenue, gross profit and EBIT, at constant currency. The Valora Group performed strongly in the first six months of 2019. The foodvenience provider`s external sales of CHF 1,324 million and net revenues of CHF 1,005 million were on a par with the previous year`s figures. Net revenues of the convenience core categories (Group sales excluding print media, books and tobacco) grew by +3.2%, particularly thanks to higher food sales. These favourable changes in the product mix were the main driver of the...