Ahold Delhaize's strong global portfolio delivers growth in Q1 net sales and diluted EPS; 2022 outlook increased

Alleen voor leden beschikbaar, wordt daarom gratis lid!

Algemeen advies 11/05/2022 08:52
* Q1 Group net sales increased 8.3% at actual rates to €19.8 billion. At constant exchange rates, net sales
were up 3.6% as food-at-home consumption continues to prove resilient.
* Q1 comparable sales excluding gas grew 3.3% (3.9% excluding weather and calendar impacts) in the
U.S. and declined 3.1% in Europe (excluding weather and calendar impacts, declined 2.8%).
* Net consumer online sales declined 1.0% at constant exchange rates following growth of 103.3% during
Q1 in the prior year. Excluding bol.com, net consumer online sales increased 4.6% at constant rates.
* Driven proactively by Save For Our Customers cost savings initiatives and working hard with suppliers to
keep price increases as low as possible, Ahold Delhaize’s great local brands are supporting customers to
manage their shopping baskets efficiently, ensuring access to affordable and healthy food options in this
inflationary environment.
* By providing easy access to affordable and healthy food options, expanding high-quality low-cost ownbrand assortments and bulk-item offerings, as well as further deploying highly tailored omnichannel
loyalty programs, Ahold Delhaize saw increased market share across its key markets in the quarter.
* Q1 underlying operating margin was 4.2%, in line with the Company's historical profile, versus last year's
COVID-19-supported Q1 underlying operating margin of 4.6%.
* Q1 IFRS-reported operating income was €818 million and Q1 IFRS-reported diluted EPS was €0.54.
* Q1 diluted underlying EPS was €0.55, an increase of 1.3% over the prior year at actual rates.
* The Company now expects underlying EPS to be comparable with 2021 levels (previously: down low- to
mid-single-digits). Higher than expected Q1 earnings coupled with a more resilient consumer climate in
the U.S. as well as a more favorable U.S. dollar are forecast to more than offset the challenging economic
backdrop in Europe.
* The Company reiterates the rest of the 2022 full-year outlook including: underlying operating margin to be
at least 4%; free cash flow of approximately €1.7 billion; and net capital expenditures of €2.5 billion.
Zaandam, the Netherlands, May 11, 2022 – Ahold Delhaize, one of the world’s largest food retail groups and a leader in both supermarkets and e-commerce, reports first quarter results today.
The interim report for the first quarter of 2022 can be viewed and downloaded at www.aholddelhaize.com.
Summary of key financial data

Ga voor meer naar
https://media.aholddelhaize.com/media/eaijvnbj/ahold-delhaize-q1-2022-press-release.pdf?t=637878094397600000

tijd 13.21
Ahold stelt teleur, te hoge verwachtingen van beleggers. De omzet werd door duurdere grondstoffen gestuwd.
Ahold EUR 25.98 -1.705 vol. 2,2 miljoen



Beperkte weergave !
Leden hebben toegang tot meer informatie! Omdat u nog geen lid bent of niet staat ingelogd, ziet u nu een beperktere pagina. Wordt daarom GRATIS Lid of login met uw wachtwoord


Copyrights © 2000 by XEA.nl all rights reserved
Niets mag zonder toestemming van de redactie worden gekopieerd, linken naar deze pagina is wel toegestaan.


Copyrights © DEBELEGGERSADVISEUR.NL