The international marketing magazine for fresh produce buyers in Europe
Carl Collen

BY CARL COLLEN

"Strong quarter" for Ahold Delhaize

Net sales and operating income increase 3 per cent and 9.1 per cent respectively

"Strong quarter" for Ahold Delhaize

Frans Muller

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European retailer Ahold Delhaize has reported on a strong fourth quarter of 2018, with increases in net sales, operating income and underlying earnings per share.

At constant exchange rates, net sales rose 3 per cent to 16.5bn, while operating income across all business segments jumped 9.1 per cent year-on-on-year to 627m.

Full-year underlying earnings per share from continuing operations climbed 29.6 per cent, the retailer noted.

"In 2018 we essentially completed the merger integration process and delivered on the synergies we promised," said Frans Muller, president and CEO of Ahold Delhaize. "At the same time, we continued our strong business performance, while investing in meeting the needs of our customers in a rapidly changing industry. Today, Ahold Delhaize is fit for the future, with a very robust financial profile and the right structure to further grow our brands, both in-store and online."

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