Belgian grocer Delhaize has reported a 4.5% drop in full-year 2004 sales to E18bn, with figures dented by the weaker dollar. Sales for the fourth quarter dropped 8.9% to E4.4bn, while full year like-for-like sales grew 2.9%. For the coming year, Delhaize has outlined capital expenditure totalling E600m, over 90% of which is US-focused.