date:Jun 27, 2014
Shares in Colruyt fell dramatically on Tuesday following earnings posted by the Belgium discount retailer.
Colruyt issued a warning of the difficult year ahead after posting a fall in profits.
Colruyt dropped 3.6% to a two-and-a-half month low in brisk trading.
Trading volume in the retailer was recorded at 1-1/4 times its three-month average.
The very competitive Belgian supermarket sector has become even fiercer over the past year with Ahold's Albert Heijn entering the market and German di