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.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!