Ahold Delhaize Releases Q4 and Full Year 2018 Results

Fourth quarter:

  • Net sales of €16.5 billion, up 3.0% at constant exchange rates
  • Net consumer online sales up 25.0% at constant exchange rates
  • Operating income of €627 million, up 9.1% at constant exchange rates
  • Underlying operating margin of 4.2%, up 0.2% points, supported by synergies
  • Performance in the U.S. continued good momentum, underlying operating margin up 0.2% points
  • Solid growth in the Netherlands, with bol.com net consumer sales up 32.3%
  • New strategy in Belgium gaining traction, with sales growth and margin recovery

Full year:

  • Free cash flow €2.3 billion, up 24.0% at constant exchange rates
  • Underlying income per share* €1.60, up 29.6% at constant exchange rates
  • Proposed dividend of €0.70, up 11.1% compared to 2017

Ahold Delhaize, one of the world’s largest food retail groups and a leader in both supermarkets and eCommerce, reports...

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