Netherlands · Delayed Price · Currency is EUR Koninklijke Ahold Delhaize Earnings Call Transcripts
Fiscal Year 2026
-
Q1 2026 saw 2% sales growth, 4% operating margin, and 8.9% EPS increase, driven by disciplined execution, strong U.S. and European performance, and ongoing investments in price, digital, and store remodels. Guidance for the year is reaffirmed despite external risks.
-
The meeting highlighted strong financial results, updated executive remuneration aligned with sustainability, and ongoing efforts to address climate, human rights, and supply chain challenges. Shareholders approved all major proposals, while pressing for greater transparency and action on ESG issues.
-
The conference highlighted a robust growth strategy centered on customer value, digital innovation, and operational efficiency. Progress includes increased own brand penetration, strong online growth, and strategic expansion in Romania, with continued focus on AI, sustainability, and U.S. market leadership.
Fiscal Year 2025
-
Net sales grew 5.9% to EUR 92.4 billion, with strong online and U.S. performance, a 4% operating margin, and robust free cash flow. 2026 guidance targets stable margins, mid to high single-digit EPS growth, and continued investment in technology and sustainability.
-
Q3 2025 saw 6.1% sales growth to €22.5B, strong U.S. and online performance, and stable margins despite macro headwinds. Profi integration and omnichannel investments support future growth, with guidance reaffirmed for 2026 and continued market share gains in key regions.
-
Q2 2025 saw strong sales and margin performance, with 6.5% net sales growth, robust online expansion, and e-commerce profitability achieved ahead of plan. Guidance for the year is reiterated, with continued investment in price, technology, and operational efficiency supporting growth.
-
Q1 2025 saw 5% sales growth to €23.3B, strong online and omnichannel gains, and successful Profi integration. Underlying EPS rose 4.6%, margins held steady, and guidance for 2025 was maintained despite currency headwinds. Online sales remain dilutive but are trending toward profitability.
-
The meeting reviewed strong 2024 financial results, cost savings, and the launch of the "Growing Together" strategy. Shareholders approved all proposals, including board appointments and a dividend increase, while management addressed questions on sustainability, human rights, and climate targets.
Fiscal Year 2024
-
Delivered solid 2024 results with net sales and free cash flow growth, stable underlying margins, and strong digital and own brand performance. 2025 outlook targets a 4% margin, mid- to high-single-digit EPS growth, and continued investment in store expansion, technology, and sustainability.
-
Q3 2024 saw stable growth, with net sales up 1% to €22B and underlying margin at 3.9%. U.S. and Europe margins are expected to remain strong, with positive volume trends and continued investments in price, technology, and store modernization.
-
Q2 results show solid sales and margin growth, with strong execution in both U.S. and Europe. Strategic investments in price, digital, and store transitions are underway, while guidance for 2024 is reiterated and volume trends are improving.