Ahold Delhaize reported a 5% growth in revenue (7.1% at actual exchange rates) to €23.3 billion for the first quarter of 2025, as announced by the parent company of supermarket chain Delhaize on Wednesday during its financial results release.
The acquisition of Romanian retailer Profi contributed positively to the revenue by 2.9%, while the closure of Stop & Shop stores and the cessation of tobacco sales in Belgium and the Netherlands had a negative impact of 1%.
The group’s underlying operating margin was 3.8%, a decrease of 0.2 percentage points compared to the same period the previous year.
Strong performance in Europe was offset by investments aimed at boosting growth in the United States. Sales in Europe increased by 10.1% to €9.3 billion in the first quarter, driven by the acquisition of Profi and new store openings, partially offset by the impact of converting Belgian stores to franchises.
The quarterly results do not provide specific insights into the performance of the group’s Belgian stores.
Ahold Delhaize maintains its full-year 2025 forecast, expecting an underlying operating margin of around 4%.
