Ahold Delhaize Stock 1AD
Koninklijke Ahold Delhaize N.V. Ahold Delhaize stock (1AD): Quarterly and annual results since 2023 from Quarterly Report and IR documents: revenue, earnings, balance sheet, cash flow and management guidance, every figure with its source. As of 08/2026, quarterly reporting. Stock analysis by NadirAlpha. Ahold Delhaize stock (1AD): listed on Euronext, WKN A2ANT0. NadirAlpha has evaluated 21 original documents, cross-checked every figure automatically and linked each to its source; sources as of 08/2026. Revenue Q2 2026: EUR 23.2 billion (+0% year on year). Latest reported (Q2 2026): Underlying operating margin, Own brand food penetration, Online sales growth constant rates. Latest reading: Revenue decelerating, Margin compressing, Acquisition.
Revenue decelerating Margin compressing strategy: Acquisition
The new quarter, monitored by AI. · NadirAlpha follows every stock through its original filings: the latest figures against their history, guidance against actuals; neutral, continuously updated, every figure clickable with its source.
AI-generated report · not investment advice · figures extracted automatically; please verify against the linked original more
AI-generatedCreated with AI assistance from the company's linked original filings (transparency per Art. 50 EU AI Act). More about the tool: Claude Code.
Not investment adviceNeutral financial information, no recommendation, no investment research within the meaning of MiFID II.
Verify yourselfFigures are extracted automatically, errors are possible. Every figure is clickable with its source; the issuer's original documents are always authoritative.
EditorialThe texts (business model, current status, development and others) are written AI-editorially from the original reports alone, cross-checked automatically and backed with sources; the company's own account, no assessment of our own. Methodology
AI research · This page works as a source-backed data basis for further research with AI assistants such as Claude; every figure remains verifiable via the source links.
Ahold Delhaize Current Status
The current state of Ahold Delhaize at a glance, figures as of Q2 2026, with core figures and the key management statements from the latest filing. NadirAlpha methodology
Assessment by NadirAlpha, as of Q2 2026.
Ahold Delhaize reported second-quarter 2026 net sales of EUR 23,165 million, with growth of 1.9% at constant exchange rates driven by comparable sales growth of 1.2% and own-brand penetration exceeding 40% at Group level 19. Net income for the quarter was EUR 526 million, with reported diluted EPS of 0.60 147. Online sales grew 8.6% at constant rates in Q2, with U.S. online sales accelerating 14.5%, marking the ninth consecutive quarter of double-digit growth 19. Management reconfirmed full-year 2026 guidance for the period 19.
Management commentary on the 2026-Q2 results (IR-Quarter, 2026-08-05):
“All Stop & Shop locations now have price investments in place.”
“Looking ahead, we expect the operating environment to remain challenging.”
Revenue · 2026-Q223,165€ million+0.3 % vs. 2025-Q2
Net profit · 2026-Q2526€ million−4.0 % vs. 2025-Q2
EPS · 2026-Q20.60€+0.0 % vs. 2025-Q2
Revenue trend
Guidance
For FY2026, Ahold Delhaize guides EPS (GAAP) mid- to high-single-digit growth at constant exchange rates (confirmed); Share buyback 1,000 € million (confirmed); Save for Our Customers 1,250 € million (confirmed). 19
ProfitabilityOperating income in Q2 was EUR 866 million, with the underlying operating margin at 3.9% 19. Free cash flow was EUR 1,116 million for the quarter, reflecting operating cash flow of EUR 1,743 million against capital expenditures of EUR 627 million 147, higher than the prior period driven by stronger operating cash flows 19.
LeverageNet debt stood at EUR 1,665 million at quarter-end, with a cash position of EUR 3,196 million 147. During Q2, Ahold Delhaize priced a EUR 800 million dual-tranche EUR transaction comprising a EUR 300 million 2-year floating rate note and a EUR 500 million 8-year Green bond 19. No net-debt-to-EBITDA ratio was disclosed in the quarterly results.
Management viewManagement reconfirmed full-year 2026 guidance for underlying operating margin around 4%, mid- to high-single-digit diluted EPS growth, and free cash flow of at least EUR 2.3 billion 19. Price investments across retail banners were maintained as a strategic priority to support customer affordability in a value-conscious consumer environment 19.
ChangeThe underlying operating margin declined 0.1 percentage points at constant rates in Q2 to 3.9%, reflecting higher energy costs and price investments 19. Diluted underlying EPS decreased 1.4% at constant rates to EUR 0.63 in Q2 19.
Risks (current)The Inflation Reduction Act is expected to impact approximately USD 450 million in U.S. pharmacy sales, a company-specific revenue headwind 19. Households remain value-conscious amid an uncertain macroeconomic environment, with egg price deflation and reduced SNAP benefits weighing on U.S. consumer demand 19. Additional risks include antitrust compliance requirements, potential adverse legal proceedings outcomes, nature and climate-related challenges, and the possible impact of financial debt levels and credit rating downgrades 19.
New this reporting periodAhold Delhaize closed the Delfood acquisition on February 2, 2026, expected to add over EUR 200 million in net sales to the Europe segment 19. The bol.com platform extended into regulated financial services through bol Payment Services B.V. obtaining a payment provider license 19. Ahold Delhaize acquired a strategic option to purchase a distribution center in Burlington, North Carolina under a 20-year lease worth approximately USD 1 billion, anticipated to open in June 2027, and agreed with Americold to terminate storage and handling contracts for facilities in Mountville, Pennsylvania, and Plainville, Connecticut effective July 21, 2026 19.
Ahold Delhaize Stock: Key Figures (€ million)
The core financial figures of Ahold Delhaize stock in three views: fiscal years up to FY2026, half-years and quarters up to Q2 2026, in € million, most recent period first. NadirAlpha extracts all values automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original. NadirAlpha methodology
All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.
Revenue (€ million) · annual basis, as reported
Net income (€ million) · annual basis, as reported
EPS (€) · annual basis, as reported
Operating cash flow (€ million) · annual basis, as reported
Revenue (€ million) · quarterly basis, as reported
Net income (€ million) · quarterly basis, as reported
EPS (€) · quarterly basis, as reported
Operating cash flow (€ million) · quarterly basis, as reported
Cash (€ million) · annual basis, as reported
Debt (€ million) · annual basis, as reported
Net Debt (€ million) · annual basis, as reported
Capex (€ million) · annual basis, as reported
FCF (€ million) · annual basis, as reported
D&A (€ million) · annual basis, as reported
Cash (€ million) · quarterly basis, as reported
Debt (€ million) · quarterly basis, as reported
Net Debt (€ million) · quarterly basis, as reported
Capex (€ million) · quarterly basis, as reported
FCF (€ million) · quarterly basis, as reported
D&A (€ million) · quarterly basis, as reported
Shown: the most recent fiscal years. Full history since FY2022 is on record.
Fiscal years
Amounts in € million · EPS in € per share · as reported
| Period | Revenue | Op. income | Net income | EPS (€) | EBITDA (adj.) | OCF | Source |
|---|---|---|---|---|---|---|---|
| FY2025 | 92,352 | 3,542 | 2,264 | 2.50 | – | 6,989 | 147 |
| FY2024 | 89,356 | 2,784 | 1,764 | 1.89 | – | 6,224 | 12 |
| FY2023 | 88,734 | 2,846 | 1,874 | 1.94 | 7,066 | 6,466 | 130 |
Quarters
Amounts in € million · EPS in € per share · as reported
| Period | Published | Revenue | Op. income | Net income | EPS (€) | EBITDA (adj.) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2* | 2026-08-05 | 23,165 | 866 | 526 | 0.60 | – | 1,116 | 3,196 | 1,665~ | 147 |
| 2026-Q1* | 2026-05-06 | 22,275 | 895 | 552 | 0.62 | 1,774 | 154 | 3,851 | 1,546~ | 146 |
| 2025-Q4* | 2026-02-11 | 23,490 | 899 | 577 | 0.65 | 1,876 | 1,942 | 3,605~ | 14,699~ | 14 |
| 2025-Q3* | 2025-11-05 | 22,494 | 902 | 584 | 0.65 | 1,818 | 819 | 3,811 | 781~ | 139 |
| 2025-Q2* | 2025-08-06 | 23,092 | 861 | 548 | 0.60 | – | 976 | 3,939 | 659~ | 15 |
| 2025-Q1* | 2025-05-07 | 23,276 | 880 | 554 | 0.60 | 1,818 | 687 | 4,739 | -25~ | 13 |
| 2024-Q4* | 2025-02-12 | 23,276 | 607 | 380 | 0.41 | 1,841 | 1,659 | 6,169 | 3,336~ | 135 |
| 2024-Q3* | 2024-11-06 | 22,003 | 583 | 372 | 0.40 | 1,710 | 803 | 4,084 | 1,005~ | 9 |
| 2024-Q2* | 2024-08-07 | 22,349 | 790 | 499 | 0.52*≈ | – | 828 | 5,832 | 14,704~ | 6 |
| 2024-Q1* | 2024-05-08 | 21,728 | 803 | 513 | 0.54 | 1,721 | 636 | 6,517 | 14,194~ | 8 |
| 2023-Q4* | 2024-02-14 | 23,023 | 675 | 451 | 0.47 | – | 1,432 | 3,484 | 3,738 | 107 |
| 2023-Q3* | 2023-11-08 | 21,957 | 625 | 394 | 0.41*≈ | – | 895 | 4,766 | -563~ | 1 |
| 2023-Q2* | 2023-08-09 | 22,084 | 724 | 468 | 0.48 | – | 1,294 | 3,893 | 1,074~ | 2 |
| 2023-Q1* | 2023-05-10 | 21,642 | 822 | 561 | 0.57 | 1,736 | 412 | 3,666 | 825~ | 4 |
* derived: values with formula provenance (hover); Q4 = FY − 9M · H2 = FY − H1 · EPS via implied shares · net debt = financial debt − cash · FCF = OCF − |capex|.
Columns not reported in this reporting cadence are hidden: Op. income (adj.), EPS adj. (not reported in any source for these periods).
Ahold Delhaize Balance Sheet & Cash Flow (€ million)
Point-in-time balance sheet items of Ahold Delhaize (cash, financial debt) and cash flow items per fiscal year, half-year and quarter, derived values with their formula in the popover. NadirAlpha extracts all values automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original. NadirAlpha methodology
Fiscal years
Amounts in € million · as reported
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | – | 3,605 | 7,878 | 4,273 | 3,586 | 6,989 | 2,564 | 4,425 | 21 |
| FY2024 | 2024-08-07 | 6,169 | 9,505 | 3,336 | 3,477 | 6,224 | 2,299 | 3,925 | 6 |
| FY2023 | 2024-02-14 | 3,484 | 7,222 | 3,738 | 3,469 | 6,466 | 2,434 | 4,032 | 130 |
Quarters
Amounts in € million · as reported
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2 | 2026-08-05 | 3,196 | 4,861~ | 1,665~ | 889 | 1,743 | 627 | 1,116 | 147 |
| 2026-Q1 | 2026-05-06 | 3,851 | 5,397~ | 1,546~ | 878 | 757 | 603 | 154 | 146 |
| 2025-Q4 | 2026-02-11 | 3,605~ | 7,878 | 14,699~ | 882 | 2,701 | 759 | 1,942 | 14 |
| 2025-Q3 | 2025-11-05 | 3,811 | 4,592~ | 781~ | 885 | 1,397 | 578 | 819 | 139 |
| 2025-Q2 | 2025-08-06 | 3,939 | 4,598~ | 659~ | 889 | 1,594 | 618 | 976 | 15 |
| 2025-Q1 | 2025-05-07 | 4,739 | 4,714~ | -25~ | 929 | 1,296 | 609 | 687 | 13 |
| 2024-Q4 | 2025-02-12 | 6,169 | 9,505~ | 3,336~ | 883 | 2,319 | 660 | 1,659 | 135 |
| 2024-Q3 | 2024-11-06 | 4,084 | 5,089~ | 1,005~ | 855 | 1,330 | 527 | 803 | 9 |
| 2024-Q2 | 2024-08-07 | 5,832 | 5,751~ | 14,704~ | 878 | 1,382 | 554 | 828 | 6 |
| 2024-Q1 | 2024-05-08 | 6,517 | 5,747~ | 14,194~ | 860 | 1,194 | 558 | 636 | 8 |
| 2023-Q4 | 2024-02-14 | 3,484 | 7,222 | 3,738 | 865 | 2,230 | 798 | 1,432 | 107 |
| 2023-Q3 | 2023-11-08 | 4,766 | 4,203~ | -563~ | 867 | 1,443 | 548 | 895 | 1 |
| 2023-Q2 | 2023-08-09 | 3,893 | 4,967~ | 1,074~ | 859 | 1,853 | 559 | 1,294 | 2 |
| 2023-Q1 | 2023-05-10 | 3,666 | 4,491~ | 825~ | 871 | 940 | 528 | 412 | 4 |
Debt = long-term + current · Net debt = debt − cash · FCF = OCF − capex.
Ahold Delhaize Guidance Tracking (latest per metric/period · 12/23)
All forecasts (guidance) of the Ahold Delhaize management and their later outcome: per metric and period the most recent statement applies, the status is checked against the reported actuals. NadirAlpha methodology
Actuals: EPS in € per share · ratios in %
Direction: confirmedcutinitiatedraised Verdict: beatmisspending
| For period | Guided on | Metric | Guided | Actual | Verdict | Direction | Source |
|---|---|---|---|---|---|---|---|
| FY2026 | 2026-08-05 | EPS (GAAP) | mid- to high-single-digit growth at constant exchange rates | – | 19 | ||
| FY2026 | 2026-02-25 | Share buyback | 1,000 | – | 21 | ||
| FY2026 | 2026-02-25 | Save for Our Customers | 1,250 | – | 21 | ||
| FY2026 | 2026-02-11 | Capex | 2,700 | – | 19 | ||
| FY2026 | 2026-02-11 | Operating margin | 4% | – | 19 | ||
| FY2026 | 2026-02-11 | Free cash flow | 2,300 | – | 19 | ||
| FY2025 | 2026-02-25 ° | Dividend per common share | 1.24 | – | – | 21 | |
| FY2025 | 2025-11-05 | EPS (GAAP) | mid- to high-single-digit growth | 2.5 | – | 16 | |
| FY2025 | 2025-02-25 | Share buyback | 1,000 | – | – | 12 | |
| FY2025 | 2025-02-12 | Capex | 2,700 | 2,564 | 16 | ||
| FY2025 | 2025-02-12 | Operating margin | 4% | 3.8 | 16 | ||
| FY2025 | 2025-02-12 | Free cash flow | 2,200 | – | – | 16 | |
| FY2024 | 2025-02-25 ° | Dividend payout ratio | 40–50% | – | – | 12 | |
| FY2024 | 2025-02-25 ° | Share buyback | 1,000 | – | – | 12 | |
| FY2024 | 2024-05-08 | EPS (GAAP) | around 2023 levels | 1.89 | – | 6 | |
| FY2024 | 2024-02-14 | Capex | 2,200 | 2,299 | 6 | ||
| FY2024 | 2024-02-14 | Operating margin | 4% | 3.1 | 6 | ||
| FY2024 | 2024-02-14 | Free cash flow | 2,300 | – | – | 6 | |
| 2024-Q3 | 2024-08-07 | Pre-tax expense | 160–210 | – | – | 6 | |
| FY2023 | 2024-02-27 ° | free cash flow | 2,400 | – | – | 5 | |
| FY2023 | 2023-11-08 | EPS (GAAP) | Slightly below 2022 levels | 1.94 | – | 1 | |
| FY2023 | 2023-11-08 | Capex | 2,400 | 2,434 | 1 | ||
| FY2023 | 2023-05-10 | Operating margin | 4% | 3.2 | 1 |
Ahold Delhaize Stock: Price & Chart
Chart and key figure trend of Ahold Delhaize stock: the TradingView chart starts only on click, the key figure chart comes from the core tables up to Q2 2026. NadirAlpha methodology
View chart on TradingView
No embedded chart is licensed for this exchange; the chart opens on TradingView in a new tab.
Advertisement · affiliate links; we may earn a commissionAffiliate partnerships help us keep these reports free and regularly updated.
Ahold Delhaize Event Timeline
This timeline collects the material events of Ahold Delhaize from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements, grouped by quarter. NadirAlpha methodology
Overview: one dot per event · click jumps to the period
2026 · 6 events
Revenue decelerating 2026-08-05
Q2 net sales grew 1.9% at constant exchange rates, with comparable sales of 1.2%, as growth moderated from the prior quarter 19
Q2 net sales grew 1.9% at constant exchange rates, with comparable sales of 1.2%, as growth moderated from the prior quarter 19
Margin compressing 2026-08-05
Underlying operating margin was 3.9%, down 0.1 percentage points at constant exchange rates, reflecting higher energy costs and price investments 19
Underlying operating margin was 3.9%, down 0.1 percentage points at constant exchange rates, reflecting higher energy costs and price investments 19
Acquisition 2026-08-05
Strategic option acquired to purchase a distribution center in Burlington, North Carolina under a 20-year lease agreement worth approximately USD 1 billion 19
Strategic option acquired to purchase a distribution center in Burlington, North Carolina under a 20-year lease agreement worth approximately USD 1 billion 19
“Focusing on our Q1 performance, net sales and comparable sales excluding gasoline increased 2.0% at constant exchange rates (net sales decreased 4.3% at actual exchange rates). Thanks to the strong operational execution by our teams of associates during the quarter, we delivered a healthy underlying operating margin of 4.0%. As a result, diluted underlying EPS was up 8.9% at constant exchange rates.”
revenue 2026-05-06
Q1 net sales grew 2.0% at constant exchange rates, with comparable sales excluding gasoline also up 2.0% 18
Q1 net sales grew 2.0% at constant exchange rates, with comparable sales excluding gasoline also up 2.0% 18
Margin expanding 2026-05-06
Underlying operating margin improved to 4.0%, up 0.2 percentage points at constant exchange rates 18
Underlying operating margin improved to 4.0%, up 0.2 percentage points at constant exchange rates 18
Acquisition 2026-05-06
Delhaize completed the Delfood acquisition, adding over 300 stores to the convenience segment of the Europe business 18
Delhaize completed the Delfood acquisition, adding over 300 stores to the convenience segment of the Europe business 18
2025 · 11 events
“In grocery, success is never driven by one thing, it is many details coming together every day. Over the past year, our capabilities have matured, our execution has become more connected, and our teams are operating in a strong rhythm, supported by a culture of ownership and accountability. This showed up clearly in our strong execution through the holiday season, allowing us to finish the year on a high.”
revenue 2026-02-11
Q4 net sales of 23,490 million, up 6.1% at constant exchange rates; full-year 2025 online sales grew 13.3% at constant rates to €10,274 million 14
Q4 net sales of 23,490 million, up 6.1% at constant exchange rates; full-year 2025 online sales grew 13.3% at constant rates to €10,274 million 14
Margin expanding 2026-02-11
Q4 underlying operating margin improved to 4.2%, with strong U.S. performance; full-year 2025 underlying operating margin of 4.0% in line with guidance 14
Q4 underlying operating margin improved to 4.2%, with strong U.S. performance; full-year 2025 underlying operating margin of 4.0% in line with guidance 14
Guidance initiated 2026-02-11
2026 outlook introduced: 53rd week expected to support net sales by 1.5-2% and underlying income by 2-3%; U.S. pharmacy faces €350 million headwind from Inflation Reduction Act 14
2026 outlook introduced: 53rd week expected to support net sales by 1.5-2% and underlying income by 2-3%; U.S. pharmacy faces €350 million headwind from Inflation Reduction Act 14
“In Europe, we will bring new energy to increasing customer reach as we move into the new year. Delhaize Belgium is expanding its footprint with eight new supermarkets that will open in early 2026 under the brand's affiliate model. We also continue to make good progress on the integration of Profi, where we see a strong future growth path. Over the past three years, the brand has opened over 200 stores and intends to ramp up expansion plans in the next three years.”
Margin expanding 2025-11-05
Underlying operating margin improved to 4.1%, up 0.3 percentage points, reflecting strong U.S. performance and operational leverage despite Profi consolidation impact 16
Underlying operating margin improved to 4.1%, up 0.3 percentage points, reflecting strong U.S. performance and operational leverage despite Profi consolidation impact 16
Guidance confirmed 2025-11-05
Full-year 2025 guidance reiterated: underlying operating margin around 4%, free cash flow of at least €2.2 billion, gross capex around €2.7 billion 16
Full-year 2025 guidance reiterated: underlying operating margin around 4%, free cash flow of at least €2.2 billion, gross capex around €2.7 billion 16
Strategic pivot 2025-11-05
€1 billion share buyback program announced to commence at the beginning of 2026 16
€1 billion share buyback program announced to commence at the beginning of 2026 16
“I am pleased to report solid second quarter performance, with strong sales growth supported by positive volumes in both regions. In an environment where customers prioritize value and convenience, our Growing Together strategy stands out as a key strength.”
revenue 2025-08-06
Q2 net sales of 23,092 million, up 6.5% at constant exchange rates; comparable sales excluding gasoline grew 4.0% 15
Q2 net sales of 23,092 million, up 6.5% at constant exchange rates; comparable sales excluding gasoline grew 4.0% 15
Strategic pivot 2025-08-06
E-commerce profitability achieved on fully allocated basis in H1 2025, marking a key milestone for omnichannel strategy 15
E-commerce profitability achieved on fully allocated basis in H1 2025, marking a key milestone for omnichannel strategy 15
“I am pleased to report strong first quarter sales growth, placing us well on track to reach our goals and strategic ambitions for 2025. It has been a dynamic start to the year for customers in both regions, with increasing macroeconomic and geopolitical volatility. In the U.S., there have been spikes in the price of eggs and evolving conditions around tariffs. In Europe, we have experienced ongoing conflict and tension in Ukraine and large-scale anti-corruption protests in Central and Southeastern Europe (CSE).”
Revenue accelerating 2025-05-07
Q1 net sales of 23,276 million, up 5.0% at constant exchange rates; comparable sales excluding gasoline grew 3.3% and Profi contributed 2.9 percentage points 13
Q1 net sales of 23,276 million, up 5.0% at constant exchange rates; comparable sales excluding gasoline grew 3.3% and Profi contributed 2.9 percentage points 13
Guidance confirmed 2025-05-07
Full-year 2025 guidance reiterated: underlying operating margin around 4%, mid- to high-single-digit EPS growth, free cash flow of at least €2.2 billion 13
Full-year 2025 guidance reiterated: underlying operating margin around 4%, mid- to high-single-digit EPS growth, free cash flow of at least €2.2 billion 13
2024 · 13 events
“From an operations perspective, our Q4 performance is equally promising, and provides a good indicator of where we are heading in 2025. In Q4, net sales increased by 0.6% at constant rates, while comparable sales excluding gas increased by 1.4%. Excluding the impacts from the divestment of FreshDirect, the closure of Stop & Shop stores and the cessation of tobacco sales in the Netherlands, net sales growth would have been 2.1 percentage points higher.”
earnings 2025-02-12
Full-year 2024 free cash flow of €2.5 billion exceeded guidance of approximately €2.3 billion; Q4 free cash flow grew 22.1% to €1,255 million 7
Full-year 2024 free cash flow of €2.5 billion exceeded guidance of approximately €2.3 billion; Q4 free cash flow grew 22.1% to €1,255 million 7
Margin compressing 2025-02-12
Q4 underlying operating margin was 4.1%, down 0.2 percentage points versus prior year; full-year underlying operating margin held flat at 4.0% 7
Q4 underlying operating margin was 4.1%, down 0.2 percentage points versus prior year; full-year underlying operating margin held flat at 4.0% 7
Acquisition 2025-02-12
Acquisition of Romanian grocery retailer Profi completed on January 3, 2025, doubling Ahold Delhaize's retail footprint in Romania and adding approximately €3 billion in net sales to the Europe segment 7
Acquisition of Romanian grocery retailer Profi completed on January 3, 2025, doubling Ahold Delhaize's retail footprint in Romania and adding approximately €3 billion in net sales to the Europe segment 7
“Our track record of keeping our own house in order is paying off.”
Guidance confirmed 2024-11-06
Full-year 2024 guidance reiterated: underlying operating margin ≥4.0%, underlying EPS around 2023 levels, free cash flow around €2.3 billion, net capital expenditures around €2.2 billion 9
Full-year 2024 guidance reiterated: underlying operating margin ≥4.0%, underlying EPS around 2023 levels, free cash flow around €2.3 billion, net capital expenditures around €2.2 billion 9
Strategic pivot 2024-11-06
Announced €1 billion share buyback program to commence at the beginning of 2025 9
Announced €1 billion share buyback program to commence at the beginning of 2025 9
Divestiture 2024-11-06
Closure of 32 Stop & Shop stores completed by early November 2024, with estimated net sales impact of $100-125 million in 2024 9
Closure of 32 Stop & Shop stores completed by early November 2024, with estimated net sales impact of $100-125 million in 2024 9
“We are also well on track with our Save for Our Customers program for 2024. In addition, we are starting to benefit from structural changes in our business related to the Belgium Future Plan and cost savings initiatives in Europe and the U.S. that were initiated over the past 12 months. Our delivery of an underlying operating margin of 4.2% puts us in a good position to take further steps this year to accelerate growth investments, and comes at a time when we see encouraging volume trends in both regions.”
Margin expanding 2024-08-07
Underlying operating margin improved to 4.2%, up 0.1 percentage points, with strong performance in both United States and Europe segments 6
Underlying operating margin improved to 4.2%, up 0.1 percentage points, with strong performance in both United States and Europe segments 6
Strategic pivot 2024-08-07
Launched refreshed Growing Together strategy with six strategic priorities; Albert Heijn ceased tobacco sales with 2.1 percentage point negative impact on comparable sales 6
Launched refreshed Growing Together strategy with six strategic priorities; Albert Heijn ceased tobacco sales with 2.1 percentage point negative impact on comparable sales 6
Divestiture 2024-08-07
Stop & Shop announced closure of 32 underperforming stores by year-end 2024, with a non-recurring pre-tax charge of $160-210 million expected in Q3 and estimated net sales impact of $550-575 million in 2025 6
Stop & Shop announced closure of 32 underperforming stores by year-end 2024, with a non-recurring pre-tax charge of $160-210 million expected in Q3 and estimated net sales impact of $550-575 million in 2025 6
Segment divergence 2024-08-07
Europe revenue grew +104.2% to EUR 17,250.0 million in 2024-Q2 (77% of group revenue) while group revenue changed +1.2%. 6
Europe revenue grew +104.2% to EUR 17,250.0 million in 2024-Q2 (77% of group revenue) while group revenue changed +1.2%. 6
“In February, Delhaize finalized agreements to franchise all of the 128 own-operated stores. To date, 76 stores have already transitioned to their new owners and we expect that all conversions will have taken place by the end of the year. From the stores already transitioned, we are seeing promising results, with customer frequency and basket size trending upwards.”
earnings 2024-05-08
Free cash flow rose to €376 million from €21 million in Q1 2023, driven by working capital improvements 8
Free cash flow rose to €376 million from €21 million in Q1 2023, driven by working capital improvements 8
Revenue accelerating 2024-05-08
Group net sales +1.3% at constant exchange rates; comparable sales excluding gasoline +1.6%, with European gains partially offsetting modest U.S. softness 8
Group net sales +1.3% at constant exchange rates; comparable sales excluding gasoline +1.6%, with European gains partially offsetting modest U.S. softness 8
Guidance confirmed 2024-05-08
Full-year 2024 guidance reiterated: underlying operating margin ≥4.0%, underlying EPS around 2023 levels, free cash flow around €2.3 billion 8
Full-year 2024 guidance reiterated: underlying operating margin ≥4.0%, underlying EPS around 2023 levels, free cash flow around €2.3 billion 8
2023 · 12 events
“Disciplined cost management is more important than ever to mitigate cost increases for customers, especially as global conflicts create potential volatility in supply chains. In 2023, we left no stone unturned and significantly exceeded our original Save for Our Customers goals, generating over €1.25 billion in cost savings, which is 29% more than we generated in the prior year.”
Revenue decelerating 2024-02-14
Q4 comparable sales ex-gas +1.8%, net sales +1.9% at constant exchange rates, continuing deceleration from prior quarters 3
Q4 comparable sales ex-gas +1.8%, net sales +1.9% at constant exchange rates, continuing deceleration from prior quarters 3
Guidance confirmed 2024-02-14
Full year 2023 free cash flow of €2.4 billion achieved at higher end of raised guidance range of €2.2 to 2.4 billion 3
Full year 2023 free cash flow of €2.4 billion achieved at higher end of raised guidance range of €2.2 to 2.4 billion 3
Divestiture 2024-02-14
FreshDirect divestment to Getir completed December 6, 2023, resulting in €250 million pre-tax loss and €75 million net tax benefit 3
FreshDirect divestment to Getir completed December 6, 2023, resulting in €250 million pre-tax loss and €75 million net tax benefit 3
“As a result, customers continue to place their trust in our brands, which is clearly reflected in positive market share growth. With our strong portfolio of international brands, we grew comparable store sales by 3.1% in the third quarter. At a Group level, we delivered an underlying operating margin of 3.8% and diluted underlying EPS of €0.58. While both these metrics are lower year-over-year, around two thirds of the EPS decline is linked to insurance-related adjustments and an unfavorable foreign exchange rate.”
Margin compressing 2023-11-08
Q3 underlying operating margin 3.8%, down from 4.4%, mainly reflecting U.S. margin decline from higher operating costs; federal SNAP benefit reductions created approximately 4pp headwind to U.S. sales growth 1
Q3 underlying operating margin 3.8%, down from 4.4%, mainly reflecting U.S. margin decline from higher operating costs; federal SNAP benefit reductions created approximately 4pp headwind to U.S. sales growth 1
Acquisition 2023-11-08
Announced planned acquisition of Romanian supermarket chain Profi at implied 7x EBITDA multiple on June 2023 LTM basis 1
Announced planned acquisition of Romanian supermarket chain Profi at implied 7x EBITDA multiple on June 2023 LTM basis 1
Divestiture 2023-11-08
Announced agreement to sell FreshDirect to Getir with estimated pre-tax divestment loss of $275 to 325 million 1
Announced agreement to sell FreshDirect to Getir with estimated pre-tax divestment loss of $275 to 325 million 1
“In Europe, excluding the impact of strikes in Belgium, comparable sales were up 7.6%. A key highlight of the quarter was a very strong performance in online retail.”
revenue 2023-08-09
Q2 net sales +4.3% at constant exchange rates (slowing from Q1's 6.3%); comparable sales ex-gas +4.6% 2
Q2 net sales +4.3% at constant exchange rates (slowing from Q1's 6.3%); comparable sales ex-gas +4.6% 2
Guidance raised 2023-08-09
Free cash flow guidance for 2023 raised to €2.0 to 2.2 billion range from approximately €2.0 billion 2
Free cash flow guidance for 2023 raised to €2.0 to 2.2 billion range from approximately €2.0 billion 2
Strategic pivot 2023-08-09
Delhaize Belgium transformation to independently operated stores progressed; €108 million impairment charge recognized on store assets 2
Delhaize Belgium transformation to independently operated stores progressed; €108 million impairment charge recognized on store assets 2
“In Europe, excluding the impact of strikes in Belgium following the announcement by local management of their intention to transform its integrated supermarkets there into independently operated Delhaize stores, comparable sales were up 7.7%. Excluding the impacts of inflated energy costs and strikes, underlying operating margins modestly exceeded prior year levels.”
Revenue accelerating ◦ 2023-05-10
Q1 group net sales +9.4% at actual exchange rates and +6.3% at constant rates; comparable sales ex-gas +6.2% 4
Q1 group net sales +9.4% at actual exchange rates and +6.3% at constant rates; comparable sales ex-gas +6.2% 4
Margin compressing 2023-05-10
Underlying operating margin 4.0%, down 0.2pp, with strong U.S. performance offset by European margin declines and reduced insurance gains 4
Underlying operating margin 4.0%, down 0.2pp, with strong U.S. performance offset by European margin declines and reduced insurance gains 4
Strategic pivot 2023-05-10
Delhaize Belgium announced intention to transform integrated supermarkets into independently operated stores 4
Delhaize Belgium announced intention to transform integrated supermarkets into independently operated stores 4
Ahold Delhaize Business Model
The Ahold Delhaize business model in brief: products, customers and revenue sources as the company itself describes them in its reports. NadirAlpha methodology
Koninklijke Ahold Delhaize N.V. is a multinational food retail and wholesale company operating supermarkets, convenience formats, and e-commerce platforms across the United States and Europe. In the U.S., the company runs banners including Food Lion, Stop & Shop, Giant Food, and Hannaford, while European operations are anchored by Albert Heijn in the Netherlands and Belgium, Delhaize in Belgium and Serbia, and the e-commerce platform bol.com. Revenue is generated primarily through the sale of food and non-food consumer goods via physical stores and online channels, with own-brand products comprising over 40% of the product mix at Group level. Supplementary income streams include wholesale and distribution activities in the U.S., and the bol.com platform generates marketplace revenue alongside its direct retail operations, with bol Payment Services B.V. holding a payment provider license to extend the platform into regulated financial services. The 2026 Delfood acquisition further broadens the group's European retail footprint, and a strategic option for a Burlington, North Carolina distribution center reflects intended expansion of U.S. supply chain capacity.
Ahold Delhaize Stock: Share-Price Drivers
Factors Ahold Delhaize itself names as material for its business development, reproduced neutrally, without price forecast and without assessment of our own. NadirAlpha methodology
Ahold Delhaize's mix of U.S. and European grocery banners, carried by store remodeling, price investment and omnichannel expansion rather than top-line growth
Ahold Delhaize posted broadly stable revenue of 23,165 million in 2026-Q2 against 23,092 million a year earlier, with group sales essentially flat and full-year guidance confirmed, so earnings depend on remodeling, pricing and digital initiatives rather than volume gains 147.
Ahold Delhaize posted broadly stable revenue of 23,165 million in 2026-Q2 against 23,092 million a year earlier, with group sales essentially flat and full-year guidance confirmed, so earnings depend on remodeling, pricing and digital initiatives rather than volume gains 147.
Stop & Shop accelerated store remodeling and price investment program in the United States
Ahold Delhaize is rolling out the accelerated remodeling and price investment program to all Stop & Shop stores, a self-help turnaround effort whose traction is not yet reflected in a clear sales inflection 18.
Ahold Delhaize is rolling out the accelerated remodeling and price investment program to all Stop & Shop stores, a self-help turnaround effort whose traction is not yet reflected in a clear sales inflection 18.
M&A-led expansion in Europe
Ahold Delhaize completed the Profi chain acquisition in Romania and Delhaize's acquisition of Delfood NV, adding store networks and sourcing scale in European markets 20 19.
Ahold Delhaize completed the Profi chain acquisition in Romania and Delhaize's acquisition of Delfood NV, adding store networks and sourcing scale in European markets 20 19.
Bol digital and e-commerce platform in the Netherlands and Belgium
Ahold Delhaize is scaling Bol with the AI-enabled Spot & Shop feature, the Shopper Agent launch and a payment provider license for bol Payment Services, signs the online marketplace is gaining traction 14 18 19.
Ahold Delhaize is scaling Bol with the AI-enabled Spot & Shop feature, the Shopper Agent launch and a payment provider license for bol Payment Services, signs the online marketplace is gaining traction 14 18 19.
Retail media and in-store intelligence platforms
Ahold Delhaize rolled out the PRISM platform to Hannaford and Food Lion and is scaling the Edge retail media platform to U.S. brands, broadening higher-margin media and data revenue 16 15.
Ahold Delhaize rolled out the PRISM platform to Hannaford and Food Lion and is scaling the Edge retail media platform to U.S. brands, broadening higher-margin media and data revenue 16 15.
Capital returns through share buybacks
Ahold Delhaize completed a one billion euro share buyback program and announced an additional one billion euro program expected to complete by end of 2025, supporting per-share metrics while diluted EPS held at 0.60 20 12.
Ahold Delhaize completed a one billion euro share buyback program and announced an additional one billion euro program expected to complete by end of 2025, supporting per-share metrics while diluted EPS held at 0.60 20 12.
U.S. network and distribution build-out
Ahold Delhaize is adding capacity through the Food Lion 92-store launch in the Greensboro market, the Burlington, North Carolina distribution center and a Blackstone Credit & Insurance triple-net-lease investment in an automated grocery distribution center 21 19.
Ahold Delhaize is adding capacity through the Food Lion 92-store launch in the Greensboro market, the Burlington, North Carolina distribution center and a Blackstone Credit & Insurance triple-net-lease investment in an automated grocery distribution center 21 19.
Sector trend: Grocery retail demand is holding steady with group revenue broadly flat at 23,165 million and operating income around 866 million, pointing to broadly stable margins rather than expansion 147. The sector's growth is tilting toward price investment, omnichannel and retail-media monetization rather than volume, so utilisation of digital and remodeled-store capacity is the key lever 18 16.
Ahold Delhaize Revenue by Type (as of 2026-Q2 · EUR million · 3/4)
The segments of Ahold Delhaize in the company's own definition, each row with its basis (3, 6 or 12 months), rows in grey are no longer reported separately. NadirAlpha methodology
| Segment | Since | Revenue | Growth | Margin | Source |
|---|---|---|---|---|---|
| Period 2026-Q2 (6M?) | |||||
| The United States | 2023-Q1 | 1,053 | 83% | – | 19 |
| Europe | 2023-Q1 | 910 | 169% | – | 19 |
| Period 2026-Q2 (6M) | |||||
| Ahold Delhaize Group | 2026-Q2 | 15 | 5% | – | 19 |
| Period FY2024 (12M) | |||||
| United States | FY2024 | 54,198 | 0.7% | 4.4% | 12 |
Ahold Delhaize Products & announcements (25/49 active+recent)
Product announcements of Ahold Delhaize from the reports: market launches, approvals, partnerships, with first mention and source; discontinued products are shown in grey. NadirAlpha methodology
Status: PlannedLaunchedDiscontinued
| Product/Line | Since | Status | Source |
|---|---|---|---|
| 2026 | |||
| Stop & Shop accelerated store remodeling program and price investment rollout to all stores | 2026-12 | 18 | |
| €800 million dual-tranche EUR bond issuance | 2026-03 | 18 | |
| Bol Shopper Agent launch | 2026-03 | 18 | |
| Eight new Delhaize Belgium supermarkets | 2026-01 | 16 | |
| bol Payment Services B.V. payment provider license | 2026 | 19 | |
| Food Lion 92-store launch in Greensboro market | 2026 | 21 | |
| Edge retail media platform scaling to U.S. brands | 2026 | 16 | |
| 2025 | |||
| Bol AI-enabled Spot & Shop feature launch | 2025-12 | 14 | |
| PRISM platform rollout | 2025-09 | 16 | |
| PRISM rollout at Food Lion | 2025-06 | 15 | |
| Delhaize distribution center expansion in Vorst | 2025-06 | 15 | |
| Rollout of Delhaize Belgium new e-commerce distribution center | 2025 | 21 | |
| Opening of new 53 million euro distribution center in Vorst, Belgium | 2025 | 21 | |
| Migration of Food Lion to PRISM platform (completion expected 2025) | 2025 | 12 | |
| Launch of Steijn AI-powered assistant in Albert Heijn customer app | 2025 | 21 | |
| Launch of PRISM proprietary omnichannel platform across U.S. brands | 2025 | 21 | |
| Launch of 1,100 new own-brand products in the U.S. and 1,450 in Europe | 2025 | 21 | |
| Introduction of MaxiGPT AI digital assistant at Maxi Serbia | 2025 | 21 | |
| Introduction of Edge retail media platform | 2025 | 21 | |
| Burlington, North Carolina distribution center (4x) | 2025 | 19 | |
| Albert Heijn plant-based product range launch | 2025 | 21 | |
| Albert Heijn personal assistant Steijn launch | 2025 | 16 | |
| Albert Heijn Positive Produce for People and Planet (PPPP) program launched for sustainable produce supply chain engagement | 2025 | 21 | |
| 2024 | |||
| Albert Heijn tobacco sales cessation (2x) | 2024-01 | (2024-03) | 12 |
| 2023 | |||
| Hannaford To Go Expansion (2x) | 2023 | 15 | |
| 2024 | |||
| The GIANT Company new store opening in Philadelphia | 2024-12 | 7 | |
| Technology Committee formation | 2024-11 | 12 | |
| Plainville, Connecticut facility | 2024-06 | 5 | |
| Growing Together strategy | 2024-05 | 12 | |
| Self-identification data collection in annual Associate Engagement Survey for EU&I brands | 2024 | 12 | |
| Psychological safety transformation program with Contentment Foundation | 2024 | 11 | |
| Psychological safety training program launch | 2024 | 12 | |
| Life Events Framework menopause support policy (4x) | 2024 | 11 | |
| Launch of Tech Studio AD/01 in Bucharest | 2024 | 12 | |
| Global Safety Policy (2x) | 2024 | 12 | |
| Establishment of W23 Global innovation fund with four other retailers | 2024 | 12 | |
| Belgium Future Plan store conversions from integrated to affiliated format | 2024 | 12 | |
| 2023 | |||
| Jolanda Poots-Bijl appointed as CFO and Management Board member | 2023-10 | 2 | |
| Green Bond issuance | 2023-03 | 4 | |
| Stop & Shop Allston Yards development project | 2023 | 5 | |
| Second mechanized HSC in Zwolle, Netherlands (3x) | 2023 | 5 | |
| MAXI Serbia Online Warehouse | 2023 | 5 | |
| Gen AI Labs at Albert Heijn | 2023 | 5 | |
| Frozen facility in Mountville, Pennsylvania | 2023 | 5 | |
| Food Lion Charlotte omnichannel remodels | 2023 | 5 | |
| Albert Heijn Home Shop Center (3x) | 2023 | 6 | |
| Ahold Delhaize USA DC Chester New York and automated freezer Mountville Pennsylvania | 2023 | 5 | |
| Ahold Delhaize Euro Ecommercial Paper issuance | 2023 | 5 | |
| AH Terra Plant-Based Product Line | 2023 | 5 | |
Ahold Delhaize Transactions & Events (29)
29 transactions and events of Ahold Delhaize from the original reports, financing measures and management changes are not listed here, cancelled items in grey. NadirAlpha methodology
Acquisitions · 14Partnerships/contracts · 10Divestitures/exits · 5
Acquisitions by Ahold Delhaize
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| 2026 | |||
| Blackstone Credit & Insurance investment in automated grocery DC | 2026-01 | Completed | 21 |
| Blackstone Credit & Insurance Distribution Center Investment | 2026-01 | Completed | 20 |
| 2025 | |||
| Sustainability-Linked Bond issuance (2x) | 2025-03 | Completed | 20 |
| Acquisition of Profi (Romanian omnichannel brand) | 2025-01 | Completed | 12 |
| Eight renewable energy PPAs for U.S. East Coast solar projects | 2025 | Completed | 17 |
| 2024 | |||
| Delfood Acquisition (4x) | 2024-12 | Completed | 21 |
| Alfa Beta acquisition of six stores in Greece | 2024-09 | Completed | 9 |
| Belgium Future Plan franchising (2x) | 2024-03 | Completed | 12 |
| Profi Rom Food SRL acquisition (2x) | 2024 | Completed | 17 |
| 2023 | |||
| bol.com acquires remaining shares in Cycloon | 2023-07 | Completed | 2 |
| Profi acquisition (6x) | 2023 | Completed | 20 |
| Jan Linders Albert Heijn conversion (4×) | 2023 | Completed | 5 |
| Delhaize Belgium store transformation (5×) | 2023 | Completed | 1 |
| Acquisition of Profi (Romanian supermarket chain) | 2023 | Completed | 5 |
Divestitures and exits by Ahold Delhaize
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| 2026 | |||
| Americold storage and handling contract termination | 2026-07 | Divested | 19 |
| 2025 | |||
| Closure of six e-commerce fulfillment centers in U.S. | 2025-12 | Divested | 14 |
| 2024 | |||
| Jersey City fulfillment center closure | 2024-03 | Divested | 2 |
| Stop & Shop Store Closures (2×) | 2024 | Divested | 12 |
| 2023 | |||
| FreshDirect divestment (5×) | 2023 | Divested | 1 |
Partnerships and contracts of Ahold Delhaize
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| 2025 | |||
| Virtual Power Purchase Agreement signed in Europe | 2025-12 | Agreement | 14 |
| Wind farms in Finland via virtual PPA (3x) | 2025 | Agreement | 17 |
| Virtual PPA for two new-to-be-built onshore wind farms in Finland, projected to generate 472 GWh renewable energy annually | 2025 | Agreement | 21 |
| Global FoodBanking Network Sponsorship (2x) | 2025 | Agreement | 6 |
| Collaboration between Ahold Delhaize USA, Danone North America and The Nature Conservancy on dairy supply chain decarbonization pilot | 2025 | Agreement | 21 |
| 2024 | |||
| Albert Heijn new business customer partnerships | 2024-03 | Agreement | 8 |
| Virtual PPA with BRUC for five solar power plants in Spain (3x) | 2024 | Agreement | 10 |
| Launch of DoorDash partnership in U.S. | 2024 | Agreement | 12 |
| Eight agreements signed for solar projects on U.S. East Coast (Maine to Maryland/DC) with total projected generation of 600 GWh electricity renewable annually | 2024 | Agreement | 21 |
| 2023 | |||
| Joining European retail alliance EURELEC | 2023 | Agreement | 5 |
Ahold Delhaize Risks (107 since the annual report of 2026-02-25, 304 tracked in total)
Which risks Ahold Delhaize has named since the annual report, company-specific first, generic standard risks in the expandable part; first mention refers to the document base from 2023. NadirAlpha methodology
Category: RegulatoryESGFinancialGeopoliticsCustomersMacroLegalTechnologyCompetitionSupply chainMarketPeopleproduktdata
| Risk | Category | Last reported |
|---|---|---|
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2026-08-05 (2026-Q2), source 19 | ||
| Inflation Reduction Act expected to impact approximately USD 450 million in U.S. pharmacy sales | = | |
| Nature and climate-related challenges continuing to present risks to business | = | |
| Impact of financial debt and credit rating downgrades | = | |
| Wars and geopolitical conflicts affecting operations | = | |
| Egg price deflation and reduced SNAP benefits negatively impacting U.S. consumer demand | = | |
| High inflation levels impacting consumer spending patterns | = | |
| Households remain value-conscious amid uncertain macroeconomic environment | = | |
| Unexpected outcomes in legal proceedings | = | |
| Antitrust and similar legislation compliance requirements | = | |
| Ahold Delhaize: first mention in IR-Annual annual report of 2026-02-25 (FY2025), source 21 | ||
| Serbia governmental decree on grocery industry pricing negatively impacting regional performance | 2026-Q2 2026-08-05 19 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2025-05-07 (2025-Q1), source 13 | ||
| Armed conflict in Middle East increasing transportation costs and margin pressures | 2026-Q2 2026-08-05 19 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2024-08-07 (2024-Q2), source 6 | ||
| Ransomware and cybersecurity breaches of IT systems | 2026-Q2 2026-08-05 19 | |
| Competition and pressure on profit margins in food retail | 2026-Q2 2026-08-05 19 | |
| Ahold Delhaize: first mention in IR-Annual annual report of 2024-02-27 (FY2023), source 5 | ||
| Geopolitical developments could exacerbate operational and supply chain risks contributing to inflation | 2026-Q2 2026-08-05 19 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2023-05-10 (2023-Q1), source 4 | ||
| Raw material scarcity and supply chain disruptions | 2026-Q2 2026-08-05 19 | |
| Cyber threats continuing to present risks to business operations | 2026-Q2 2026-08-05 19 | |
| Ahold Delhaize: first mention in FY2024, source 10 | ||
| National Prescription Opiate Litigation (MDL No. 2804) ongoing with mediation process; Company believes in strong factual and legal defenses | 2026-Q2 2026-08-05 19 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2026-05-06 (2026-Q1), source 18 | ||
| Inflation Reduction Act impact on U.S. pharmacy pricing with approximately $450 million negative impact on reported sales. | = | |
| Eligibility changes to SNAP program reducing benefits available to lower-income customers in the U.S. | = | |
| Governmental decree and intervention on grocery industry pricing in Serbia impacting operating margin. | = | |
| New law on unfair trade practices adopted in April in Serbia requiring assessment of impact. | = | |
| Global macroeconomic conditions and increased uncertainty affecting consumer spending and price pressures. | = | |
| Challenging and competitive retail environment with consumer focus on price and value. | = | |
| Ahold Delhaize: first mention in IR-Annual annual report of 2026-03-05 (FY2025), source 17 | ||
| Indigenous Peoples, smallholder farmers and Human Rights Defenders face community impact risks | = | |
| Harassment and violence reported against vulnerable groups in supply chain operations | = | |
| Unhealthy, unsafe working conditions and inadequate working time identified as salient impacts across supply chains | = | |
| Supply chain disruption risk from climate change in cocoa production | = | |
| Future CapEx costs for climate transition technologies subject to high uncertainty | = | |
| Compliance with applicable laws and regulations in all jurisdictions of operation | = | |
| Complex and resource-intensive refrigeration system replacement affecting U.S. operations | = | |
| Flood-related hazards pose greatest asset and revenue risk under climate scenarios | = | |
| Anti-corruption and bribery compliance requirements across all operating countries | = | |
| Potential physical climate impacts may result in material financial losses | = | |
| Dependence on technologies and infrastructure not yet fully proven or widely deployed | = | |
| Ahold Delhaize: first mention in IR-Annual annual report of 2026-02-25 (FY2025), source 21 | ||
| Intimidating tactics from some activist groups affect associate well-being and safety in daily work | = | |
| Working condition risks in high-risk countries including forced labor, child labor, inadequate wages, unsafe conditions; particularly affects migrant workers and agricultural workers. | = | |
| Aggressive forms of civil society stakeholder engagement can make it challenging to foster open dialogue and trust | = | |
| Contingent lease liabilities of €417 million from divestments and facility closings | = | |
| Mandatory transition to new Dutch pension system by January 1 2028 | = | |
| Regulatory cessation of tobacco sales in Netherlands and Belgium created headwinds | = | |
| Transition to net-zero operations requires substantial capital investments in refrigeration system replacement, renewable energy PPAs, electrification of fleet and heating; costs more uncertain for 2030-2040 period. | = | |
| Credit risk exposure to financial institutions with highest exposure of €218 million to single counterparty | = | |
| Material debt maturities in 2026 (€900 million) and ongoing leverage management | = | |
| Underfunded multi-employer pension plans in US with increased contribution risks | = | |
| Further analysis needed to increase confidence in investment cost estimates and financial upside for scope 3 emissions reduction; costs subject to change as new technologies emerge. | = | |
| Increasing polarization in society created business environment tension | = | |
| Product recalls and associated legal liabilities and reputational damage mitigated through risk-based quality assurance systems and preventive safety measures. | = | |
| Limited availability of proven low-GWP refrigerants, natural refrigerants, and zero-emissions energy solutions constrains ability to achieve transition timelines. | = | |
| Supply chain finance arrangements with third-party banks totaling €1,396 million | = | |
| Supply chain disruptions and business continuity risks from geopolitical events and extreme weather | = | |
| Scope 3 emissions represent 96% of total GHG emissions; achieving scope 3 reduction targets requires supplier-driven actions largely outside direct control. | = | |
| Potential limitations in grid availability and reliability pose operational risk | FY2025 2026-03-05 17 | |
| Growing debate on food processing and dietary quality is reshaping food demand and consumption patterns | = | |
| Tight labor markets and need to attract and retain talent amid competitive pressures | = | |
| Evolving climate regulations and GHG reduction targets require significant ongoing investment in clean and low-emissions technologies with uncertain cost and timeline. | = | |
| Some local authorities have resisted adopting Nutri-Score pending EU-wide legislation, preventing consumer-facing use | = | |
| Government policy changes were frequent and unpredictable throughout 2025 | = | |
| Nutri-Score 2.0 algorithm made it harder for products to achieve A/B scores, negatively impacting healthy sales performance | = | |
| Multi-jurisdictional tax exposure to changes in tax laws and interpretations | = | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2026-02-11 (2025-Q4), source 14 | ||
| Serbian government decree and intervention limiting grocery industry prices impacted operations | = | |
| Import tariffs and commodity price volatility elevated financial and operating risks | = | |
| Consumers continued focus on price and value in competitive grocery environment | = | |
| Sustained household pressure from higher living expenses and economic uncertainty | = | |
| Ahold Delhaize: first mention in FY2025, source 20 | ||
| Giant Food goodwill impairment risk: recoverable amount exceeds carrying amount by slightly more than 1%; sensitivity to sales growth reduction of 0.2% absolute terms. | = | |
| Stop & Shop goodwill impairment risk: recoverable amount exceeds carrying amount by slightly more than 2%; sensitivity to sales growth reduction of 0.4% absolute terms. | = | |
| Profi recovered amount marginally exceeds carrying amount consistent with recent acquisition; valuation based on 10-year projection period reflecting expected high growth. | = | |
| 77% of own-brand production sites in high-risk countries at acceptable standard; 17% at stepping-stone level | = | |
| 774 incidents of discrimination and harassment reported in 2025; 659 complaints filed | = | |
| Customary indemnifications provided in divestment sales agreements; representations and warranties terminate years after transaction completion. | = | |
| Pingo Doce involved in Portuguese Competition Authority proceedings; received 10 statements of objections for alleged anti-competitive practices including price alignment; notified of decisions imposing €190 million fines; appeals filed. | = | |
| 7 own-brand production units identified with deal-breaker issues; 3 unresolved as of reporting date | = | |
| Serbian brand operations impacted by government intervention on food prices | = | |
| Own-brand data gap identified in U.S. brands; improvement areas across bakery, deli, floral, meat, produce and seafood categories | = | |
| Data quality and completeness of ESG data varies by brand and country; verification remains cumbersome | = | |
| Supply chain risks from geopolitical tensions and food price inflation | = | |
| Financial market volatility and macroeconomic uncertainty affecting consumer confidence | FY2025 2026-02-25 21 | |
| Lease agreements contain limited restrictions on ability to pay dividends or incur additional debt. | = | |
| Not all EU Taxonomy-eligible investments meet alignment criteria; some vehicle investments do not comply with DNSH noise regulations | = | |
| Sustainability-linked bonds and credit facility linked to 2030 KPIs for GHG emissions reduction, food waste reduction, and customer health choices; coupon adjustment risk if targets not achieved. | = | |
| Ahold Delhaize: first mention in IR-Annual annual report of 2025-02-25 (FY2024), source 12 | ||
| Child labor and young workers employed identified as vulnerability in global supply chains | FY2025 2026-03-05 17 | |
| Women, minorities, refugees, LGBTQIA+ members, persons with disabilities and Indigenous Peoples face discrimination risks | FY2025 2026-03-05 17 | |
| Migrant, informal, sub-contracted or low-skilled workers face forced labor risks in global supply chains | FY2025 2026-03-05 17 | |
| Transition risks from carbon pricing and shifting consumer preferences toward sustainable products | FY2025 2026-02-25 21 | |
| Reduced consumer spending power in some CSE markets impacted sales | FY2025 2026-02-25 21 | |
| Supply chain disruptions contributed to inflation volatility across product categories | FY2025 2026-02-25 21 | |
| Intensified competition and geopolitical uncertainty increasing customer focus on price and value | FY2025 2026-02-25 21 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2025-02-12 (2024-Q4), source 7 | ||
| Withdrawal liability exposure from multi-employer pension plan participation | FY2025 2026-02-25 21 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2024-08-07 (2024-Q2), source 6 | ||
| Households faced sustained pressure from higher living expenses and uncertain economic outlook | FY2025 2026-02-25 21 | |
| Ahold Delhaize: first mention in IR-Annual annual report of 2024-02-27 (FY2023), source 5 | ||
| A-brand product safety is responsibility of suppliers; own-brand product safety monitored through compliance standards and third-party audits to prevent unsafe or illegal products. | FY2025 2026-02-25 21 | |
| National prescription opiate litigation pending in multiple jurisdictions affecting U.S. subsidiaries | FY2025 2026-02-25 21 | |
| JMR joint venture involved in tax proceedings challenging Portuguese tax authorities decisions; issued bank guarantees totaling €227 million; Ahold Delhaize indirect share €111 million. | FY2025 20 | |
| Data privacy regulations and protection of personal customer and associate data | FY2025 2026-03-05 17 | |
| Foreign exchange exposure primarily with respect to U.S. dollar from international operations | FY2025 2026-02-25 21 | |
| Liquidity management through cash balances and revolving credit facility access | FY2025 2026-02-25 21 | |
| Consumers' household budgets are under pressure, with people seeking stability and guidance | FY2025 2026-02-25 21 | |
| Physical climate risks including floods and heatwaves impacting assets and operations | FY2025 2026-02-25 21 | |
| Physical risks from climate change impacts on assets and operations | FY2025 20 | |
| Consumer purchasing shifts toward lower-impact products could impact financial position | FY2025 2026-03-05 17 | |
| Ongoing geopolitical uncertainty including war in Ukraine, regulatory changes in Serbia, and shifting tariffs in US | FY2025 2026-02-25 21 | |
| Potential implementation of carbon pricing systems could impact operational costs | FY2025 2026-03-05 17 | |
| Evolving regulatory environment including food safety, data privacy and sustainability requirements | FY2025 2026-02-25 21 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2024-02-14 (2023-Q4), source 3 | ||
| Interest rate exposure on outstanding debt and investment positions; 89% of long-term bonds at fixed rates | FY2025 2026-02-25 21 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2023-11-08 (2023-Q3), source 1 | ||
| Dependence on customer purchasing decisions and ability to maintain price competitiveness | FY2025 2026-02-25 21 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2023-08-09 (2023-Q2), source 2 | ||
| Potential disruption of operations affecting suppliers and ability to pass cost increases to prices. | 2026-Q1 2026-05-06 18 | |
| Ahold Delhaize: first mention in IR-Quarter quarterly report of 2023-05-10 (2023-Q1), source 4 | ||
| Fluctuation in interest rates and impact on cost of borrowing from credit rating downgrades. | 2026-Q1 2026-05-06 18 | |
| Ahold Delhaize: first mention in FY2024, source 11 | ||
| Inadequate wages for workers identified as material impact in value chain, particularly affecting smallholder farmers | FY2025 2026-03-05 17 | |
| Ahold Delhaize: first mention in FY2024, source 10 | ||
| Pingo Doce (JMR) involved in Portuguese Competition Authority proceedings regarding alleged breaches of antitrust laws; fines of €190 million imposed; appeals filed with suspensive effect pending | FY2025 2026-02-25 21 | |
= last mention identical with the first mention (same source)
Ahold Delhaize Reported KPIs (as disclosed) (692)
The story KPIs of Ahold Delhaize that standard databases usually miss, grouped by publication, most recent first, with source number. NadirAlpha methodology
Company-specific KPIs verbatim from the filings (English, as disclosed; not normalised). Balance-sheet and boilerplate items filtered.
| KPI | Value / change | Source |
|---|---|---|
| Ahold Delhaize, published 2026-08-05, period 2026-Q2 | ||
| Underlying operating margin | 3.9% | 19 |
| Own brand food penetration | 40% | 19 |
| Online sales growth constant rates | 8.6% | 19 |
| Net consumer online sales Ahold Delhaize | 3,489 | 19 |
| Comparable sales growth excl. gasoline United States | 0.8% | 19 |
| Comparable sales growth excl. gasoline Europe | 1.7% | 19 |
| Comparable sales growth excl. gasoline Ahold Delhaize | 1.2% | 19 |
| Ahold Delhaize, published 2026-05-06, period 2026-Q1 | ||
| Underlying operating margin (The United States) | 4.6% | 18 |
| Underlying operating margin (Europe) | 3.4% | 18 |
| Underlying operating margin (Ahold Delhaize) | 4.0% | 18 |
| Underlying EBITDA margin | 8.0% | 18 |
| Comparable sales growth excl. gasoline (The United States) | 1.5% | 18 |
| Comparable sales growth excl. gasoline (Europe) | 2.6% | 18 |
| Comparable sales growth excl. gasoline (Ahold Delhaize) | 2.0% | 18 |
| Ahold Delhaize, published 2026-03-05, period FY2025 | ||
| speak up reports substantiated | 34% | 17 |
| speak up reports anonymous | 55.1% | 17 |
| speak up line reports | 4,483 | 17 |
| plant-based protein share of sales | 45% | 17 |
| own brand production sites high-risk countries audited stepping stone standard | 17% | 17 |
| own brand production sites high-risk countries audited acceptable standard excl. stepping stone | 77% | 17 |
| own brand production sites high-risk countries audited acceptable standard | 94% | 17 |
| own brand food production sites compliance requirements | 99% | 17 |
| leader lab satisfaction score | 4.44 out of 5 | 17 |
| leader lab participants completion rate | 95% | 17 |
| high-risk non-food own brand products compliance requirements | 99% | 17 |
| healthy own brand food sales pct constant rates | 52.1% | 17 |
| healthy own brand food sales pct | 52.0% | 17 |
| associate engagement survey growth score | 75% | 17 |
| Albert Heijn welcoming store satisfaction rate | 98.5% | 17 |
| Albert Heijn welcoming store participants | 10,000 | 17 |
| Albert Heijn PPPP participants submitted data | 71% | 17 |
| Ahold Delhaize, published 2026-02-25, period FY2025 | ||
| supply chain finance arrangements | 1,396 (EUR € million) | 21 |
| speak up reports substantiated | 34% | 21 |
| speak up reports anonymously | 55.1% | 21 |
| speak up line reports | 4,483 | 21 |
| revolving credit facility | 1.5 billion | 21 |
| plant-based protein sales share | 45% | 21 |
| loan guarantees | 20 (EUR € million) | 21 |
| lease guarantees | 417 (€ million) | 21 |
| healthy own-brand food sales pct constant exchange rates | 52.1% | 21 |
| healthy own brand food sales pct | 52.0% | 21 |
| Corporate and buyback guarantees | 103 (€ million) | 21 |
| cash and cash equivalents | 3,115 (EUR € million) | 21 |
| Underlying operating margin | 4.0% | 21 |
| Underlying operating income | 3,873 (EUR € million) | 21 |
| Total other non-current financial assets | 1,190 (EUR € million) | 21 |
| Total net defined benefit plan funded status | 112 (€ million) | 21 |
| Total net defined benefit cost | 71 (EUR € million) | 21 |
| Termination benefits | 8 (€ million) | 21 |
| Service cost | 47 (EUR € million) | 21 |
| Restricted cash | 58 (EUR € million) | 21 |
| Reinsurance contract liabilities | 139 (€ million) | 21 |
| Reinsurance contract assets | 152 (EUR € million) | 21 |
| Reduction in absolute CO2-equivalent emissions (scope 1 and 2) | 2,440 kt | 21 |
| Payout ratio | 47% | 21 |
| Own-brand food sales | 39.1% | 21 |
| Other long-term financial liabilities | 51 (€ million) | 21 |
| Number of stores | 9,551 | 21 |
| Net investment in leases | 588 (EUR € million) | 21 |
| Net interest expense | 8 (EUR € million) | 21 |
| Market capitalization | 30,659 (EUR € million) | 21 |
| MSCI index | AA | 21 |
| Lowest closing common share price | 31.29 | 21 |
| Highest closing common share price | 38.01 | 21 |
| Dividend yield | 3.6% | 21 |
| Derivative financial instruments | 136 (€ million) | 21 |
| Defined contribution plans | 292 (€ million) | 21 |
| Defined benefit liabilities | 183 (€ million) | 21 |
| Defined benefit assets | 70 (EUR € million) | 21 |
| Components of defined benefit cost recorded in the income statement | 69 (EUR € million) | 21 |
| Common shares outstanding | 887 | 21 |
| Cash and cash equivalents as presented on the balance sheet | 3,605 (EUR € million) | 21 |
| Cash and cash equivalents as presented in the statement of cash flows | 3,547 (EUR € million) | 21 |
| Average daily trading volume | 2,059,655 | 21 |
| Associate engagement MSCI index | 79% | 21 |
| Administrative cost | 8 (EUR € million) | 21 |
| Actual return on plan assets | 8.8% | 21 |
| AES inclusion index | 82% | 21 |
| Ahold Delhaize, published 2026-02-11, period 2025-Q4 | ||
| Virgin own-brand primary plastic packaging reduction | 10.9% | 14 |
| Underlying operating margin | 4.2% | 14 |
| Third-party online sales full year | 3,125 | 14 |
| Third-party online sales full year | 2,888 | 14 |
| Third-party online sales | 916 | 14 |
| Third-party online sales | 829 | 14 |
| Shares outstanding | 905 | 14 |
| Shares outstanding | 933 | 14 |
| Shares outstanding | 893 | 14 |
| Shares outstanding | 920 | 14 |
| Shares outstanding | 901 | 14 |
| Shares outstanding | 930 | 14 |
| Shares outstanding | 889 | 14 |
| Shares outstanding | 917 | 14 |
| Save for Our Customers program target | Over €1.25 billion | 14 |
| Other online sales full year | 3,345 | 14 |
| Other online sales full year | 3,085 | 14 |
| Other online sales | 1,033 | 14 |
| Other online sales | 984 | 14 |
| Online sales growth | 12.9% | 14 |
| Online sales full year | 10,274 | 14 |
| Online sales full year | 9,235 | 14 |
| Online sales | 2,832 | 14 |
| Online sales | 2,597 | 14 |
| Net consumer online sales full year | 7,149 | 14 |
| Net consumer online sales full year | 6,347 | 14 |
| Net consumer online sales | 1,916 | 14 |
| Net consumer online sales | 1,768 | 14 |
| Lease liabilities | 10,526 | 14 |
| Healthy own-brand food sales | 52.1% | 14 |
| Grocery online sales full year | 6,929 | 14 |
| Grocery online sales full year | 6,150 | 14 |
| Grocery online sales | 1,799 | 14 |
| Grocery online sales | 1,612 | 14 |
| GHG emissions reduction | 39.1% | 14 |
| Food waste reduction | 39.1% | 14 |
| Comparable sales growth excl. gasoline | 2.5% | 14 |
| Albert Heijn market share | 38.2% | 14 |
| Ahold Delhaize, published 2025-11-05, period 2025-Q3 | ||
| Underlying operating margin US | 4.6% | 16 |
| Underlying operating margin Europe | 3.9% | 16 |
| Underlying operating margin Ahold Delhaize | 4.1% | 16 |
| Online sales growth Q3 | 12.2% | 16 |
| Net consumer online sales YTD | 9,651 | 16 |
| Net consumer online sales Q3 | 3,140 | 16 |
| Comparable sales growth excl. gasoline US | 2.9% | 16 |
| Comparable sales growth excl. gasoline Europe | 2.8% | 16 |
| Comparable sales growth excl. gasoline Ahold Delhaize | 2.9% | 16 |
| Ahold Delhaize, published 2025-08-06, period 2025-Q2 | ||
| Underlying operating margin | 4.0% | 15 |
| Online sales | 2,485 | 15 |
| Net consumer online sales | 3,245 | 15 |
| Comparable sales growth excl. gasoline | 4.0% | 15 |
| Ahold Delhaize, published 2025-05-07, period 2025-Q1 | ||
| Underlying operating margin | 3.8 % | 13 |
| Underlying EBITDA margin | 7.8 % | 13 |
| Operating margin | 3.8 % | 13 |
| Online sales growth | 15.4 % | 13 |
| Net consumer online sales growth | 14.0 % | 13 |
| Comparable sales growth excluding gasoline | 3.3 % | 13 |
| Ahold Delhaize, published 2025-02-25, period FY2024 | ||
| Workplace absenteeism rate | 1.81 | 12 |
| Training and development associates growth score | 75% | 12 |
| Total virgin plastic packaging weight | 144 thousand tonnes | 12 |
| Total equity | 15,454 (EUR € million) | 12 |
| Total associates | 388,000 | 12 |
| Total assets | 51,842 (EUR € million) | 12 |
| Short-term borrowings and bank overdrafts | 2,256 | 12 |
| Shares diluted | 914 | 12 |
| Serious injury rate | 0.39 | 12 |
| Reinsurance contract assets | 182 | 12 |
| Recycled waste percentage | 74% | 12 |
| Payout ratio | 46% | 12 |
| Own Brand Wood Fiber Certified | 91.6% | 12 |
| Own Brand Tea Certified | 99.5% | 12 |
| Own Brand Primary Plastic Packaging Reusable/Recyclable/Compostable | 33% | 12 |
| Own Brand Primary Plastic Packaging Reduction | 10.3% | 12 |
| Own Brand Primary Plastic Packaging Recycled Content | 15.7% | 12 |
| Own Brand Coffee Certified | 97.4% | 12 |
| Own Brand Cocoa Certified | 96.5% | 12 |
| Underlying Operating Margin | 4.0% | 12 |
| Online Sales | 9,235 (EUR € million) | 12 |
| Online Sales | 8,931 (EUR € million) | 12 |
| Non-Recycled Waste % | 26% | 12 |
| Net Investment in Leases | 576 | 12 |
| Managers Attended Monthly Leadership Masterclasses | around 200 | 12 |
| Lease Liabilities | 12,253 | 12 |
| Investment Property Fair Value | €826 million | 12 |
| High-Risk Soy Certified | 100% | 12 |
| Dividend per Share | 1.17 | 12 |
| Certified Palm Oil | 96.4% | 12 |
| Carrying Amount Intangible Assets | 13,420 | 12 |
| Cage-Free Shell Eggs | 47% | 12 |
| brand names | 3,374 | 12 |
| associates covered by collective labor agreements | 57% | 12 |
| Underlying operating income margin | 4.0% | 12 |
| Underlying EBITDA margin | 7.9% | 12 |
| U.S. online grocery penetration | 7.7% | 12 |
| Total sales area | 9.7 million square meters | 12 |
| Save for Our Customers program | €1,354 million | 12 |
| Save for Our Customers as a percentage of sales | 1.5% | 12 |
| Reduction in food waste | 35% | 12 |
| Reduction in absolute CO2-equivalent emissions (scope 1 and 2) | 36% | 12 |
| Percentage of shell eggs that are cage free | 47% | 12 |
| Percentage of purchase value of own-brand seafood products certified | 96.7% | 12 |
| Percentage of own-brand wood-fiber-based products either certified or classified as low-risk or recycled | 91.6% | 12 |
| Percentage of own-brand products containing tea certified against an accepted standard | 99.5% | 12 |
| Percentage of own-brand products containing palm oil certified against an accepted standard | 96.4% | 12 |
| Percentage of own-brand products containing palm kernel oil certified against an accepted standard | 95.8% | 12 |
| Percentage of own-brand products containing over 5% cocoa certified against an accepted standard | 96.5% | 12 |
| Percentage of own-brand products containing over 1% coffee by weight certified against an accepted standard | 97.4% | 12 |
| Percentage of high-risk soy credits purchased after year end to ensure 100% coverage of high-risk soy | 34.4% | 12 |
| Percentage of high-risk own-brand soy certified or covered by credits | 100% | 12 |
| Percentage of high-risk own-brand soy certified against accepted standards or covered by accepted credits | 65.6% | 12 |
| Own-brand primary virgin plastic product packaging | 144 (thousand tonnes) | 12 |
| Own-brand primary plastic product packaging | 170 (thousand tonnes) | 12 |
| Own-brand plastic product packaging made from recycled content | 27 (thousand tonnes) | 12 |
| Own-brand food sales from healthy products | 52.4% | 12 |
| Operating expenses as a percentage of sales | 24.0% | 12 |
| Operating expenses | 21,453 | 12 |
| Online sales growth | 3.5% | 12 |
| Number of stores | 7,765 | 12 |
| Number of pick-up points | 1,911 | 12 |
| MSCI index rating | AA | 12 |
| Loyalty sales penetration (U.S.) | 79.5% | 12 |
| Loyalty sales penetration (Europe) | 59.2% | 12 |
| Loyalty card holders (U.S.) | 15.5 million | 12 |
| Loyalty card holders (Europe) | 13.3 million | 12 |
| Gross profit margin | 26.6% | 12 |
| Europe online grocery penetration | 6.6% | 12 |
| Effective tax rate | 21.7% | 12 |
| Dividend per common share | €1.17 | 12 |
| Dividend payout ratio | 46% | 12 |
| Comparable sales growth (excluding gasoline sales) | 1.2% | 12 |
| Click-and-collect points in the U.S. | 1,630 | 12 |
| Associate engagement | 78% | 12 |
| AES inclusion score | 81% | 12 |
| % reduction in own-brand primary virgin plastic packaging vs. 2021 baseline | 10.3% | 12 |
| % own-brand primary plastic packaging reusable, recyclable or compostable | 32.7% | 12 |
| % own-brand plastic packaging from recycled content | 15.7% | 12 |
| Ahold Delhaize, published 2025-02-12, period 2024-Q4 | ||
| Underlying operating margin Q4 | 4.1 % | 7 |
| Underlying operating margin FY | 4.0 % | 7 |
| Underlying EBITDA margin Q4 | 7.9 % | 7 |
| Underlying EBITDA margin FY | 7.9 % | 7 |
| Online sales growth Q4 | 5.8 % | 7 |
| Online sales growth FY | 3.5 % | 7 |
| Net consumer online sales Q4 | 3,426 (EUR € million) | 7 |
| Net consumer online sales FY | 12,123 (EUR € million) | 7 |
| Comparable sales growth excl. gasoline Q4 | 1.4 % | 7 |
| Comparable sales growth excl. gasoline FY | 1.2 % | 7 |
| Gross debt | 20,315 (EUR € million) | 7 |
| Depreciation and amortization | 883 (€ million) | 7 |
| Ahold Delhaize, published 2024-11-06, period 2024-Q3 | ||
| Underlying operating margin US | 4.2% | 9 |
| Underlying operating margin Group | 3.9% | 9 |
| Underlying operating margin Europe | 3.9% | 9 |
| Online sales growth Group | 5.1% | 9 |
| Net consumer online sales | 2,879 | 9 |
| Comparable sales excl. gasoline US | 1.2% | 9 |
| Comparable sales excl. gasoline Group | 1.4% | 9 |
| Comparable sales excl. gasoline Europe | 1.6% | 9 |
| Ahold Delhaize, published 2024-08-07, period 2024-Q2 | ||
| Underlying operating margin (United States) | 4.7% | 6 |
| Underlying operating margin (Group) | 4.2% | 6 |
| Underlying operating margin (Europe) | 3.7% | 6 |
| Underlying EBITDA margin (Group) | 8.1% | 6 |
| Online sales growth at constant exchange rates (Group) | 3.4% | 6 |
| Net consumer online sales (Group) | 2,952 | 6 |
| Comparable sales growth excl. gasoline (United States) | (0.4)% | 6 |
| Comparable sales growth excl. gasoline (Group) | 0.6% | 6 |
| Comparable sales growth excl. gasoline (Europe) | 2.4% | 6 |
| Ahold Delhaize, published 2024-05-08, period 2024-Q1 | ||
| Underlying operating margin | 4.0% | 8 |
| Underlying EBITDA margin | 7.9% | 8 |
| Operating margin | 3.7% | 8 |
| Net consumer online sales growth | (1.0)% | 8 |
| Comparable sales growth excl. gasoline (United States) | 0.8% | 8 |
| Comparable sales growth excl. gasoline (Group) | 1.6% | 8 |
| Comparable sales growth excl. gasoline (Europe) | 2.8% | 8 |
| Ahold Delhaize, published 2024-02-27, period FY2023 | ||
| Virgin plastic reduction target | 5% | 5 |
| Virgin plastic reduction | 10.3% | 5 |
| US dollar depreciation against euro | 2.8% | 5 |
| US click-and-collect pick-up points | 1,564 | 5 |
| Unsold food donated % | 25% | 5 |
| Unsold food donated | 76 thousand tonnes | 5 |
| Underlying operating margin | 4.1% | 5 |
| Underlying operating income margin | 4.1% | 5 |
| Underlying EBITDA margin | 8.0% | 5 |
| Total unsold food | 302 thousand tonnes | 5 |
| Total sales area | 9.9 million square meters | 5 |
| Total rental income | 162 | 5 |
| Total cash outflow for leases | (1,891) | 5 |
| Total cash Capex as % of net sales | 2.7% | 5 |
| Suppliers committed to SBi | >50 of top 100 | 5 |
| Stores offering self-scanning solutions | 2,906 | 5 |
| Scope 3 reduction potential lower boundary | 8.8 | 5 |
| Scope 3 flag reduction target | 72% (or 15.0 MtCO2e) | 5 |
| Scope 3 flag reduction target | 30.3% (or 4.7 MtCO2e) | 5 |
| Scope 3 energy industrial reduction target | 90% (or 34.0 MtCO2e) | 5 |
| Scope 3 energy industrial reduction target | 42.0% (or 12.4 MtCO2e) | 5 |
| Scope 3 emissions reduction 2020 baseline | 29.5 MtCO2e (E&I), 15.5 MtCO2e (FLAG) | 5 |
| Scope 1 and 2 CO2 emissions reduction | 35% | 5 |
| Scope 1+2 net zero target | 90% reduction and 10% removals | 5 |
| Scope 1+2 emissions reduction target | 50% | 5 |
| Scope 1+2 emissions reduction target | >38% | 5 |
| SBTi approved Scope 1+2 target | 50% reduction by 2030 | 5 |
| Save for our customers savings | €1.3bn | 5 |
| Reusable recyclable compostable target | 100% | 5 |
| Reusable recyclable compostable plastic | 28% | 5 |
| Renewable electricity percentage | 40% | 5 |
| Renewable electricity percentage | 24% | 5 |
| Recycled content target | 25% | 5 |
| Purchase commitments | 3.2 billion | 5 |
| Primary virgin plastic reduction in own brand packaging | 10.3% | 5 |
| Pick-up points | 1,833 | 5 |
| Own brand plastic packaging | 169 thousand tonnes | 5 |
| Own brand food waste reduction | 37% | 5 |
| Own brand food sales from healthy products | 54.8% | 5 |
| Organic growth net sales excl. gasoline | 4.1% | 5 |
| organic growth net sales | 3.8% | 5 |
| online net sales growth | 5.9% | 5 |
| number of stores | 7,716 | 5 |
| net zero target date | 2050 | 5 |
| net sales from markets with number 1 or 2 position | 96% | 5 |
| net sales | €89 billion | 5 |
| net debt to EBITDA | 2.0x | 5 |
| Net consumer online sales growth | 4.8% | 5 |
| monthly active mobile app users | 18.1 mln | 5 |
| loan guarantees | 6 | 5 |
| liquidity position | 2,733 (€ million) | 5 |
| lease guarantees | 626 | 5 |
| investment commitments property plant equipment | 412 | 5 |
| interest income on net investment in leases | 13 | 5 |
| inclusive workplace score | 81% | 5 |
| green bond issuance | €500 million | 5 |
| free cash flow | €2.4 billion | 5 |
| food wasted | 225 thousand tonnes | 5 |
| food waste reduction target | 50% | 5 |
| food waste reduction target | >40% | 5 |
| food waste reduction | 3.17 t/€ million | 5 |
| Food waste disposed percentage | 17% | 5 |
| Food recycled percentage | 57% | 5 |
| European own brand everyday low price SKUs | 6,972 | 5 |
| Electricity prices US | €168/Mwh | 5 |
| Electricity prices Netherlands Belgium | €98/Mwh | 5 |
| Electricity from green sources | 52% | 5 |
| Dividend per Share | 1.10 | 5 |
| Dividend per common share | €1.10 | 5 |
| Dividend payout ratio | 43% | 5 |
| Corporate and buyback guarantees | 35 | 5 |
| Comparable sales growth excluding gasoline | 3.9% | 5 |
| Comparable sales growth | 3.9% | 5 |
| CO2 equivalent emissions reduction | 2,679 kt | 5 |
| Bol GMV sales from third-party sellers growth | 5.4% | 5 |
| Bol GMV growth | 4.9% | 5 |
| Bol GMV | €5.75 billion | 5 |
| Average increase of monthly active users year over year | 18% | 5 |
| associate growth score | 75% | 5 |
| Associate engagement score | 78% | 5 |
| Pay ratio CFO | 3 | 5 |
| Pay ratio CEO Ahold Delhaize USA | 71 | 5 |
| Pay ratio CEO Ahold Delhaize Europe and Indonesia | 58 | 5 |
| Pay ratio CEO | 112 | 5 |
| Online sales | 9,015 | 5 |
| Inclusive workplace score | 81% | 5 |
| Healthy own-brand food sales | 54.8% | 5 |
| Food waste reduction | 37% | 5 |
| Associate growth score | 75% | 5 |
| Associate engagement score | 78% | 5 |
| Ahold Delhaize, published 2024-02-14, period 2023-Q4 | ||
| Underlying operating margin US | 5.2% | 3 |
| Underlying operating margin Group | 4.3% | 3 |
| Underlying operating margin Europe | 3.7% | 3 |
| Net consumer online sales growth | 2.6% | 3 |
| Full year underlying operating margin US | 4.7% | 3 |
| Full year underlying operating margin group | 4.1% | 3 |
| Full year underlying operating margin Europe | 3.3% | 3 |
| Full year comparable sales growth excl. gasoline US | 2.3% | 3 |
| Full year comparable sales growth excl. gasoline group | 3.9% | 3 |
| Full year comparable sales growth excl. gasoline Europe | 6.5% | 3 |
| Comparable sales growth excl. gasoline US | -1.0% | 3 |
| Comparable sales growth excl. gasoline group | 1.8% | 3 |
| Comparable sales growth excl. gasoline Europe | 6.5% | 3 |
| Other online sales | 7.4 % | 3 |
| Online sales in grocery | (2.2) % | 3 |
| Online sales | 1.2 % | 3 |
| Comparable sales (ex gas, weather and calendar) | 2.1 % | 3 |
| Comparable sales (ex gas) | 1.8 % | 3 |
| Comparable sales | 1.7 % | 3 |
| Ahold Delhaize, published 2023-11-08, period 2023-Q3 | ||
| Underlying operating margin US | 4.2% | 1 |
| Underlying operating margin Group | 3.8% | 1 |
| Underlying operating margin Europe | 3.5% | 1 |
| Online sales growth | 6.4% | 1 |
| Online grocery growth | 5.3% | 1 |
| Net consumer online sales growth | 6.4% | 1 |
| Comparable sales growth excl. gasoline US | 0.9% | 1 |
| Comparable sales growth excl. gasoline group | 3.1% | 1 |
| Comparable sales growth excl. gasoline Europe | 7.0% | 1 |
| bol third-party sales pct | 62% | 1 |
| Bol GMV growth | 6.5% | 1 |
| Bol GMV | €1.3 billion | 1 |
| Ahold Delhaize, published 2023-08-09, period 2023-Q2 | ||
| Underlying operating margin | 4.1 % | 2 |
| Underlying EBITDA margin | 8.0 % | 2 |
| Third-party sellers share of bol.com sales | 66 % | 2 |
| Third-party sellers GMV growth at bol.com | 13.3 % | 2 |
| Net consumer online sales growth | 9.3 % | 2 |
| GMV growth at bol.com | 10.5 % | 2 |
| GMV at bol.com | €1.4 billion | 2 |
| Comparable sales growth excl. gasoline | 4.6 % | 2 |
| Albert Heijn premium subscribers | 800,000 | 2 |
| Ahold Delhaize, published 2023-05-10, period 2023-Q1 | ||
| Underlying operating margin | 4.0% | 4 |
| Underlying EBITDA margin | 8.0% | 4 |
| Comparable sales growth excluding gasoline | 6.2% | 4 |
| Ahold Delhaize, published –, period FY2025 | ||
| workplace injury rate | 17.71 (per one million hours worked) | 20 |
| work in progress | 139 | 20 |
| weighted average duration of defined benefit obligations - United States | 10.9 | 20 |
| weighted average duration of defined benefit obligations - Rest of world | 8.2 | 20 |
| underlying operating income | 3,608 | 20 |
| Underlying operating income | 3,734 | 20 |
| Transaction costs settled | (4) | 20 |
| Transaction costs settled | – | 20 |
| Total right-of-use assets | 9,488 | 20 |
| Total purchase consideration | (28) | 20 |
| Total purchase consideration | (1,239) | 20 |
| Total plan assets | 1,104 | 20 |
| Total plan assets | 1,162 | 20 |
| Total other non-current financial liabilities | 10,733 | 20 |
| Total other current financial liabilities | 4,610 | 20 |
| Total other current financial liabilities | 3,582 | 20 |
| Total investments in joint ventures and associates | 259 | 20 |
| Total investment property | 508 | 20 |
| Total interest income | 159 | 20 |
| Total interest income | 221 | 20 |
| Total interest expense | 25 | 20 |
| Total interest expense | 24 | 20 |
| Total financial liabilities excluding lease liabilities fair value | (15,827) | 20 |
| Total financial liabilities excluding lease liabilities fair value | (16,997) | 20 |
| Total financial liabilities excluding lease liabilities | (15,926) | 20 |
| Total financial liabilities excluding lease liabilities | (17,159) | 20 |
| Total financial liabilities at amortized cost fair value | (15,572) | 20 |
| Total financial liabilities at amortized cost fair value | (16,688) | 20 |
| Total financial liabilities at amortized cost | (15,671) | 20 |
| Total financial liabilities at amortized cost | (16,850) | 20 |
| Total financial liabilities | (27,900) | 20 |
| Total financial liabilities | (29,412) | 20 |
| Total financial assets at fair value through profit or loss | 968 | 20 |
| Total financial assets at fair value through profit or loss | 1,010 | 20 |
| Total financial assets at fair value through other comprehensive income | 136 | 20 |
| Total financial assets at fair value through other comprehensive income | 17 | 20 |
| Total financial assets at amortized cost | 6,656 | 20 |
| Total financial assets at amortized cost | 9,019 | 20 |
| Total financial assets at amortized cost (restated) | 9,003 | 20 |
| Total financial assets | 7,760 | 20 |
| Total financial assets | 10,046 | 20 |
| Total financial assets (restated) | 10,030 | 20 |
| Total energy consumption | 7,376,502 | 20 |
| Supply chain finance arrangements total | 1,286 | 20 |
| Supply chain finance arrangements total | 1,396 | 20 |
| Super Indo carrying value | 76 | 20 |
| Software | 1,116 | 20 |
| Short-term deposits and similar investments | 14 | 20 |
| Short-term deposits and similar investments | 16 | 20 |
| Short-term borrowings fair value | (926) | 20 |
| Short-term borrowings fair value | (2,256) | 20 |
| Short-term borrowings carrying amount | (926) | 20 |
| Short-term borrowings carrying amount | (2,256) | 20 |
| Short-term borrowings | 295 | 20 |
| Short-term borrowings | 336 | 20 |
| Right-of-use assets - other | 280 | 20 |
| Right-of-use assets - buildings and land | 9,208 | 20 |
| Revolving credit facility | 1,500 | 20 |
| Result on divestment of subsidiaries and businesses | (237) | 20 |
| Result on divestment of subsidiaries and businesses | (6) | 20 |
| Restricted cash | 12 | 20 |
| Restricted cash | 58 | 20 |
| Renewable energy consumption | 1,921,018 | 20 |
| Reinsurance contract liabilities fair value | (243) | 20 |
| Reinsurance contract liabilities fair value | (286) | 20 |
| Reinsurance contract liabilities carrying amount | (243) | 20 |
| Reinsurance contract liabilities carrying amount | (286) | 20 |
| Reinsurance contract liabilities | 139 | 20 |
| Reinsurance contract assets | 285 | 20 |
| Reinsurance contract assets | 334 | 20 |
| Reassessments and modifications to leases | 899 | 20 |
| Reassessments and modifications to leases | 1,184 | 20 |
| Real estate | 14 | 20 |
| Real estate | 13 | 20 |
| Purchase consideration in kind | 2 | 20 |
| Purchase consideration in kind | 1 | 20 |
| Property, plant and equipment - total | 11,953 | 20 |
| Property, plant and equipment - other | 4,170 | 20 |
| Property, plant and equipment - buildings and land | 7,483 | 20 |
| Production sites of own-brand products in high-risk countries audited against an acceptable standard (%) | 77% | 20 |
| Long-term bonds at fixed rates (%) | 89 | 20 |
| Long-term bonds at fixed rates (%) | 89 | 20 |
| Healthy own-brand food sales (%) | 52.0% | 20 |
| Associates covered by collective bargaining - Total (%) | 57% | 20 |
| Payroll taxes, social security and VAT | 647 | 20 |
| Payroll taxes, social security and VAT | 694 | 20 |
| Other long-term financial liabilities fair value | (103) | 20 |
| Other long-term financial liabilities fair value | (157) | 20 |
| Other long-term financial liabilities carrying amount | (103) | 20 |
| Other long-term financial liabilities carrying amount | (156) | 20 |
| Other long-term financial liabilities | 51 | 20 |
| Other loans fair value | (1) | 20 |
| Other loans carrying amount | (1) | 20 |
| Other joint ventures and associates carrying value | 27 | 20 |
| Other fair value | (37) | 20 |
| Other fair value | (26) | 20 |
| Other carrying amount | (37) | 20 |
| Other carrying amount | (26) | 20 |
| Other | 95 | 20 |
| Other | 1 | 20 |
| Number of work-related accidents | 7,611 | 20 |
| Notes fair value | (5,365) | 20 |
| Notes fair value | (5,578) | 20 |
| Notes carrying amount | (5,392) | 20 |
| Notes carrying amount | (5,652) | 20 |
| Net assets (liabilities) divested | 46 | 20 |
| Net assets (liabilities) divested | 50 | 20 |
| Loss on foreign exchange | 12 | 20 |
| Loss on foreign exchange | 5 | 20 |
| Long-term lease liabilities | (11,974) | 20 |
| Long-term lease liabilities | (12,253) | 20 |
| Loans | 630 | 20 |
| Loans - current portion | 926 | 20 |
| Lease liabilities | 1,444 | 20 |
| Lease liabilities - current portion | 1,448 | 20 |
| Lease liabilities | 10,526 | 20 |
| JMR carrying value | 156 | 20 |
| Investments in debt instruments | 92 | 20 |
| Investments in debt instruments | 7 | 20 |
| Investment property - right-of-use asset | 198 | 20 |
| Investment property - company-owned | 332 | 20 |
| Investment funds | 195 | 20 |
| Investment funds | 164 | 20 |
| Interest payable carrying amount | (92) | 20 |
| Interest payable carrying amount | (83) | 20 |
| Highest exposure to a single financial counterparty (excl. AAA-rated money market funds) | 262 | 20 |
| Highest exposure to a single financial counterparty (excl. AAA-rated money market funds) | 218 | 20 |
| Gift card sales for the year | 835 | 20 |
| Gift card redemptions for the year | 798 | 20 |
| Gift card liabilities as of December 29 | 286 | 20 |
| Gift card liabilities as of December 28 | 281 | 20 |
| Gift card liabilities | 286 | 20 |
| Gift card liabilities | 281 | 20 |
| Gift card breakage for the year | 28 | 20 |
| Future salary increases | 4.3 | 20 |
| Future salary increases – United States (%) | 4.3 | 20 |
| Future salary increases | 3.8 | 20 |
| Future salary increases – Rest of world (%) | 3.8 | 20 |
| Funds posted as collateral | 24 | 20 |
| Funds posted as collateral | 12 | 20 |
| Franchisee and affiliate relationships | 487 | 20 |
| Financing obligations fair value | (38) | 20 |
| Financing obligations fair value | (65) | 20 |
| Financing obligations carrying amount | (109) | 20 |
| Financing obligations carrying amount | (153) | 20 |
| Expected total contributions to multi-employer defined benefit plans | 21 | 20 |
| Equity instruments | 16 | 20 |
| Equity instruments | 12 | 20 |
| Equity instruments | 159 | 20 |
| Equity instruments | 153 | 20 |
| Equity instruments | 10 | 20 |
| Equity instruments | 10 | 20 |
| Equity instruments | 17 | 20 |
| Equity instruments | 18 | 20 |
| Equity instruments | 18 | 20 |
| Equity instruments | 15 | 20 |
| Equity instruments | 33 | 20 |
| Equity instruments | 44 | 20 |
| Energy intensity per net revenue | 80 (EUR MWh/€ million net sales) | 20 |
| Divestment of businesses, net of cash divested | 21 | 20 |
| Divestment of businesses, net of cash divested | (52) | 20 |
| Divestment of businesses before cash divested | 21 | 20 |
| Divestment of businesses before cash divested | (49) | 20 |
| Discount rate | 5.7 | 20 |
| Discount rate – The United States (%) | 5.5 | 20 |
| Discount rate | 3.4 | 20 |
| Discount rate - Rest of world (%) | 3.8 | 20 |
| Derivatives fair value | (12) | 20 |
| Derivatives fair value | (23) | 20 |
| Derivatives carrying amount | (12) | 20 |
| Derivatives carrying amount | (23) | 20 |
| Derivative financial instruments | 136 | 20 |
| Derivative financial instruments | 17 | 20 |
| Deposit liabilities | 18 | 20 |
| Deposit liabilities | 31 | 20 |
| Defined benefit liabilities | 183 | 20 |
| Deferred income | 132 | 20 |
| Deferred income | 149 | 20 |
| Debt instruments | 97 | 20 |
| Debt instruments | 102 | 20 |
| Debt instruments | 69 | 20 |
| Debt instruments | 88 | 20 |
| Debt instruments - Corporate bonds (non-investment grade) | 16 | 20 |
| Debt instruments - Corporate bonds (non-investment grade) | 22 | 20 |
| Debt instruments | 273 | 20 |
| Debt instruments | 291 | 20 |
| Customer relationships | 43 | 20 |
| Compensated absences | 472 | 20 |
| Compensated absences | 468 | 20 |
| Company's liquidity position – cash | 3,115 | 20 |
| Company contributions to multi-employer defined contribution plans | 292 | 20 |
| Company contributions to multi-employer defined contribution plans | 313 | 20 |
| Company contributions to defined contribution plans | 378 | 20 |
| Company contributions to defined contribution plans | 160 | 20 |
| Company contributions to Dutch plan | 213 | 20 |
| Cash outflows from divestment of subsidiaries and businesses | (70) | 20 |
| Cash inflows from divestment of subsidiaries and businesses | 21 | 20 |
| Cash inflows from divestment of subsidiaries and businesses | 21 | 20 |
| Cash equivalents (fair value through profit or loss) | 591 | 20 |
| Cash equivalents (fair value through profit or loss) | 670 | 20 |
| Cash divested | (3) | 20 |
| Cash and cash equivalents financial assets | 3,014 | 20 |
| Cash and cash equivalents financial assets | 5,499 | 20 |
| Cash and cash equivalents as presented on the balance sheet | 6,169 | 20 |
| Cash and cash equivalents as presented on the balance sheet | 3,605 | 20 |
| Cash and cash equivalents as presented in the statement of cash flows | 6,157 | 20 |
| Cash and cash equivalents as presented in the statement of cash flows | 3,547 | 20 |
| Cash and cash equivalents | 48 | 20 |
| Cash and cash equivalents | 178 | 20 |
| Cash acquired (excluding restricted cash) | 41 | 20 |
| Brand names | 3,353 | 20 |
| Bank overdrafts | 1,962 | 20 |
| Bank overdrafts | 590 | 20 |
| Assets acquired under leases | 431 | 20 |
| Assets acquired under leases | 443 | 20 |
| Announced share buyback program | 1,000 | 20 |
| Amount under supply chain finance arrangements paid by third-party banks | 1,224 | 20 |
| Amount under supply chain finance arrangements paid by third-party banks | 1,100 | 20 |
| Amount due within one year (and termination benefits contracts) | 20 | 20 |
| Amount due within one year (Severance and self-insurance program) | 288 | 20 |
| Amount due within one year (Other) | 32 | 20 |
| Amount due within one year (Onerous contracts) | 83 | 20 |
| Amount due within one year (Claims and legal disputes) | 83 | 20 |
| Amount due between six and 10 years (Total) | 516 | 20 |
| Amount due between six and 10 years (Severance and self-insurance program) | 434 | 20 |
| Amount due 6-10 years (Claims and legal disputes) | 82 | 20 |
| Amount due 1-5 years (Termination benefits contracts) | 1 | 20 |
| Amount due 1-5 years (Severance and self-insurance) | 436 | 20 |
| Amount due 1-5 years (Other) | 23 | 20 |
| Amount due 1-5 years (Onerous contracts) | 203 | 20 |
| Amount due 1-5 years (Claims and legal disputes) | 6 | 20 |
| Amount due after 5 years (Severance and self-insurance) | 240 | 20 |
| Amount due after 5 years (Onerous contracts) | 1 | 20 |
| Ahold Delhaize USA pension plan funding ratio year-end | 112.7 | 20 |
| Acquisition of businesses, net of cash acquired | (26) | 20 |
| Acquisition of businesses, net of cash acquired | (1,197) | 20 |
| Accrued expenses | 1,997 | 20 |
| Accrued expenses | 1,960 | 20 |
| Accounts payable carrying amount | (9,009) | 20 |
| Accounts payable carrying amount | (8,524) | 20 |
| Ahold Delhaize, published –, period FY2024 | ||
| Workplace absenteeism rate | 1.81 | 11 |
| Women sub top management (SVP) | 36.5% | 11 |
| Women in management | 42% | 11 |
| Women executive level (VP) | 37% | 11 |
| Women director level | 37% | 11 |
| Virgin plastic reduction | 10.3% | 11 |
| Total associates | 388,000 | 11 |
| Serious injury rate | 0.39 | 11 |
| Renewable electricity share | 25.1% | 11 |
| Own-brand production sites in high-risk countries audited - stepping stone standard | 17% | 11 |
| Own-brand production sites in high-risk countries audited - acceptable standard | 77% | 11 |
| Own Brand Primary Plastic Packaging Reusable/Recyclable/Compostable | 33% | 11 |
| Own Brand Primary Plastic Packaging Recycled Content | 15.7% | 11 |
| Nuclear energy share | 9.1% | 11 |
| Fossil energy share | 65.7% | 11 |
| Certified wood fiber | 91.6% | 11 |
| Certified tea | 99.5% | 11 |
| Certified Palm Oil | 96.4% | 11 |
| Certified high-risk soy | 100% | 11 |
| Certified coffee | 97.4% | 11 |
| Certified cocoa | 96.5% | 11 |
| Cage-Free Shell Eggs | 47% | 11 |
| associates covered by collective labor agreements | 57% | 11 |
| associate growth score | 75% | 11 |
| Weighted average number of common shares for diluted earnings per share | 933 | 10 |
| Weighted average number of common shares for basic earnings per share | 930 | 10 |
| Virtual power purchase agreements | –% | 11 |
| Supply chain finance arrangements – amounts paid by third-party banks | 1,100 | 10 |
| Supply chain finance arrangements – amounts due | 1,286 | 10 |
| Supplier contracts | 18.1% | 11 |
| Spot purchases | 2.8% | 11 |
| Restricted cash | €12 million | 10 |
| Renewable electricity purchased | 24.7% | 11 |
| Refrigerant leakage rate | 13.1% | 11 |
| Refrigerant average GWP | 2,341 | 11 |
| Purchase commitments | 3.8 billion | 10 |
| Power purchase agreements | 1.3% | 11 |
| Percentage of shell eggs that are cage free | 47% | 11 |
| Percentage of purchase value of own-brand seafood products certified | 96.7% | 11 |
| Percentage of own-brand wood-fiber-based products certified, low-risk or recycled | 91.6% | 11 |
| Percentage of own-brand products containing tea certified | 99.5% | 11 |
| Percentage of own-brand products containing palm oil certified | 96.4% | 11 |
| Percentage of own-brand products containing palm kernel oil certified | 95.8% | 11 |
| Percentage of own-brand products containing coffee certified | 97.4% | 11 |
| Percentage of own-brand products containing cocoa certified | 96.5% | 11 |
| Percentage of high-risk soy credits purchased after year end | 34.4% | 11 |
| Percentage of high-risk own-brand soy certified or covered by credits | 100% | 11 |
| Percentage of high-risk own-brand soy certified against accepted standards or covered by accepted credits | 65.6% | 11 |
| Own-brand primary virgin plastic product packaging | 144 (thousand tonnes) | 11 |
| Own-brand primary plastic product packaging | 170 (thousand tonnes) | 11 |
| Own-brand plastic product packaging made from recycled content | 27 (thousand tonnes) | 11 |
| Online sales (prior year) | 8,931 | 10 |
| Online sales | 9,235 | 10 |
| Nuclear electricity purchased | 9.1% | 11 |
| Long-term contracts | 2.6% | 11 |
| Loan guarantees | 17 | 10 |
| Lease guarantees (undiscounted) | 499 | 10 |
| Lease guarantees (discounted) | 379 | 10 |
| Investment commitments for property, plant and equipment | 454 | 10 |
| Interest income recognized in | 221 | 10 |
| Interest expense recognized in 2024 related to variable rates | 24 | 10 |
| Fair value of investment property | €826 million | 10 |
| Corporate guarantees for Belgium | 91 | 10 |
| Corporate and buyback guarantees | 109 | 10 |
| Buyback guarantees | 18 | 10 |
| AES inclusion score | 81% | 11 |
| % reduction in own-brand primary virgin plastic product packaging | 10.3% | 11 |
| % primary plastic own-brand product packaging reusable, recyclable or compostable | 32.7% | 11 |
| % own-brand plastic packaging from recycled content | 15.7% | 11 |
Ahold Delhaize Development
A condensed summary of Ahold Delhaize per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. NadirAlpha methodology
FY2026: Ahold Delhaize
Ahold Delhaize generated net sales of EUR 22,275 million in the first quarter and EUR 23,165 million in the second quarter of 2026, with growth of 2.0% and 1.9% at constant exchange rates in each period respectively 18 19. Ahold Delhaize's underlying operating margins were 4.0% in Q1 and 3.9% in Q2 at constant exchange rates, with the Q2 result reflecting higher energy costs and price investments despite own-brand penetration surpassing 40% at Group level 18 19. Ahold Delhaize completed the Delfood acquisition on February 2, 2026, adding over 300 convenience stores to the Europe segment with an expected net sales contribution of more than EUR 200 million 19. Online sales continued to expand across both quarters, with U.S. online sales delivering double-digit growth for the eighth and ninth consecutive quarters in Q1 and Q2 respectively 18 19. Management reconfirmed full-year 2026 guidance for an underlying operating margin of around 4%, free cash flow of at least EUR 2.3 billion, and mid- to high-single-digit diluted underlying EPS growth 19.
FY2025: Ahold Delhaize
Ahold Delhaize reported net sales of 92,352 million for full-year 2025, up 3.4% from the prior year, driven by comparable sales growth in both regions and the contribution of the Profi acquisition completed on January 3, 2025 20. Operating income increased to 3,542 million and net income rose 28.3% to 2,264 million, with diluted earnings per share of 2.50 20 21. The Profi acquisition, completed for total consideration of €1,239 million, added approximately €2.9 billion in annual net sales and more than doubled the company's retail footprint in Romania, combining the Mega Image and Profi networks into approximately 2,700 stores 21. Online sales grew 13.3% at constant exchange rates to €10,274 million over the full year, with e-commerce profitability reached on a fully allocated basis in the first half of 2025 21. Operating cash flow increased to 6,989 million and a €1 billion share buyback program was completed during the year, with a new €1 billion program initiated on December 29, 2025 21.
FY2024: Ahold Delhaize
Ahold Delhaize reported full-year 2024 net sales of €89,356 million, up 0.7% (0.9% at constant exchange rates), with comparable sales excluding gasoline growing 1.2% versus 2023 12. Reported operating income declined to €2,784 million from €2,846 million in 2023 and net income fell 5.9% to €1,764 million, while underlying operating income remained broadly stable and underlying diluted EPS from continuing operations held at €2.54 10 12. Free cash flow of €2,545 million exceeded the full-year guidance of approximately €2.3 billion 12. Structurally, the Delhaize Belgium Future Plan was completed with all 128 integrated stores converted to affiliated format, Stop & Shop closed 32 underperforming locations as part of a revitalization effort, and the refreshed Growing Together strategy was introduced in the second quarter 12. The acquisition of Romanian grocery retailer Profi closed on January 3, 2025, expected to add approximately €3 billion in net sales to the Europe segment 7.
FY2023: Ahold Delhaize
Ahold Delhaize's FY 2023 net sales grew 1.9% to €88,649 million, driven by comparable sales growth and inflation, partially offset by lower gasoline sales and unfavorable foreign exchange translation effects 5. The underlying operating margin declined 0.2 percentage points to 4.1%, reflecting higher operational and administrative expenses from inflation and labor disruptions at Delhaize Belgium 5. Net income decreased 26.4% to €1,874 million, reflecting impairment charges on FreshDirect assets and store assets related to the Delhaize Belgium transformation, as well as restructuring charges 5. Free cash flow of €2.4 billion was achieved at the higher end of the raised guidance range of €2.2 to 2.4 billion, supported by favorable operating cash flow and improved working capital management 3. During the year, Ahold Delhaize advanced the Delhaize Belgium transformation with 89 stores signed for conversion to an affiliate model, completed the divestiture of FreshDirect to Getir, and announced the planned acquisition of Romanian grocery retailer Profi for approximately €1.3 billion enterprise value 3 5.
Glossary
- Revenue: Revenue from contracts with customers, net of sales deductions, as the company itself reports it; not total output, gross revenue, GMV or order intake.
- Op. income: The operating line of the income statement; EBIT only as a marked fallback, never pre-tax or ordinary income.
- EBITDA (adj.): Adjusted EBITDA, verbatim and company-defined (non-GAAP), never derived.
- Net income: Net income attributable to the shareholders of the parent, after discontinued operations; not the result including minority interests, not comprehensive income.
- EPS: Diluted earnings per share attributable to the shareholders of the parent; a printed figure always beats a calculated one, calculated values are marked.
- FCF: Free cash flow = operating cash flow minus capital expenditure on property, plant and equipment; the company's own free cash flow figure is shown separately.
- OCF: Cash flow from operating activities as reported; IFRS companies may show interest paid in financing cash flow, so the figure is not always comparable.
- Cash: Cash and cash equivalents, without securities unless the company reports them as part of the position.
- Net Debt: Net debt = financial debt excluding lease liabilities minus cash at the same reporting date; the company's own net position may differ.
- *: derived, the formula is in the hover
- ≈: calculated, approximation
- ~: uncertain; the value stays visible, verdicts do not use it
- °: repaired by a targeted query against the document, or curated with documentary evidence
- EBIT: EBIT as a fallback: the income statement carries no operating line
- basic: basic earnings per share as a fallback when diluted is missing
Sources: quarterly reports, annual reports and investor relations documents
All original documents NadirAlpha used for this report on Ahold Delhaize stock: quarterly and annual reports, earnings releases and investor relations documents, sorted by publication, the document type is the link. NadirAlpha methodology
21 documents · 2023 to 2026 · IR
Ahold Delhaize Stock FAQ
Is there a management forecast (guidance) for FY2026?
Yes. Management has issued targets for FY2026, including EPS (GAAP). The guidance tracking chapter shows all targets and checks them against the actuals reported later; neutral, with no estimate of our own.
Which additional key figures does Ahold Delhaize report?
As reported for Q2 2026: Underlying operating margin, Own brand food penetration, Online sales growth constant rates, Net consumer online sales Ahold Delhaize, Comparable sales growth excl. gasoline United States, Comparable sales growth excl. gasoline Europe. The chapter Reported KPIs lists every value with its source. Revenue is broken down by Ahold Delhaize Group, The United States, Europe, United States.
Does Ahold Delhaize pay a dividend?
The filings report on the dividend; most recent entry: dividend per share 1.17 (FY2024) (as reported, no assessment of our own). Details with source links are in the report chapters.
Where can I find the official investor relations documents of Ahold Delhaize?
NadirAlpha links all 21 original filings used (IR documents) in the sources chapter: quarterly report, annual report, each with type, publication date and a direct link; every figure in the report carries a source number.