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Ahold Delhaize Sales Up 2.8% In Fourth Quarter

Published on Jan 19 2017 8:16 AM in Retail tagged: Featured Post / Netherlands / Ahold Delhaize

Ahold Delhaize Sales Up 2.8% In Fourth Quarter

Ahold Delhaize has posted pro-forma net sales of €15.5 billion in the fourth quarter of its financial year – a 2.8% increase at constant exchange rates.

In the Netherlands, comparable sales were up 6.6%, driven by ‘assortment innovations and improved service in our supermarkets’, according to the group, as well as a strong performance for online channel

Market share for the Albert Heijn banner was up ‘slightly’, compared to the same period last year.

However, in Belgium, sales were down 0.9% for the period, ‘when comparing to a strong fourth quarter in 2015.’ Market share for the Delhaize operation ‘remained stable’.

Comparable sales were down 0.2% at Ahold USA, while Delhaize America posted a comparable sales growth of 2.2%.

For full-year 2016, the group saw pro-forma net sales of €62.3 billion, which is up 3.4% at constant exchange rates and adjusted for week 53 in 2016.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. To subscribe to ESM: The European Supermarket Magazine, click here.

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