"ALFA-BETA" VASSILOPOULOS (Athens Stock Exchange: BASIK) announced today that during Q4 2006, Consolidated Sales increased by 14.6% compared to prior year''s corresponding period and amounted to 291.4 million EUR from 254.2 million EUR. The full year Consolidated Sales amounted to 1,030.2 million EUR from 908.0 million EUR in 2005, an increase by 13.5%.
In 2006, "ALFA-BETA" continued its development activity with the opening of five new supermarkets, two City stores and six franchise ones. At the end of the year the retail network of "ALFA-BETA" comprised 108 stores while the franchising network expanded to 30 sales points in Attica and provinces. Together with the 10 Cash-and-Carry sales points, the group sales network counted 148 stores on total, at the end of 2006.
For 2007, "ALFA-BETA" VASSILOPOULOS plans an acceleration of its opening program. It will add 19 new stores to its network, including those of the franchise network, extending it to 167 stores.