Wednesday, 08 May 2019
The Ahold Delhaize supermarket group recorded a turnover of 1.22 billion euros in the first quarter in Belgium, 2.2% less than in the same period last year, according to the Belgian-Dutch group’s quarterly results published on Wednesday. The decrease is explained by the fact that the stores opened their doors for a smaller number of days. Without this particularity, the decrease would have been 0.3%. On the other hand, online sales increased sharply in Belgium, by around 14.7%.
The group as a whole recorded sales of €15.88 billion, up 1.5%. Online sales amounted to €761 million (+17.9%). Net income increased by 2.4% to €435 million.
In the United States, the group is facing strikes in its Stop & Shop brands. The impact of these actions is not yet visible on the first quarter results, but the group estimates the loss of revenue at €200 million.
The Brussels Times