RESULTS OFF AT DELHAIZE

BRUSSELS, Belgium (FNS) -- Delhaize "Le Lion" here said a sharp fall in the value of the dollar against the Belgian franc resulted in a 7% drop in net income on a 3.9% decline in sales in the first half ended June 30.

the franc fell 15.2% during the period. At constant exchange rates, net profit would have been up 3.7% and sales up 7.9%, the company said.

All of Delhaize's subsidiaries -- which include Food Lion and Super-Discount Markets in the United States -- showed sales increases in the first half.

FIRST-HALF RESULTS

24 Weeks 1995 1994

Sales $5.73 billion $5.96 billion

Change - 3.9%

Net Income $53.9 million $57.9 million

Change - 7%