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Belgian Turnaround Helps Boost Ahold Delhaize’s European Performance In Q1

Published on May 9 2018 8:24 AM in Retail tagged: Featured Post / Netherlands / Results / Dick Boer / Ahold Delhaize / Bol.com / Paywall

Belgian Turnaround Helps Boost Ahold Delhaize’s European Performance In Q1

Ahold Delhaize’s Belgian business posted comparable sales growth of 4.1% in the first quarter of the year, compared to a 0.7% decline in the same period last year, helping to lift the group's overall European performance.

Net sales in the Belgian operation were €1.25 billion, a 5.0% increase last year, which was boosted by positive Easter timing.

In its home market of the Netherlands, the group posted a 3.2% increase in comparable sales, with net sales rising by 2.7%, to stand at €3.4 billion.

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