Ahold Delhaize Backs Outlook But Warns of Higher Risks
By Andrea Figueras
Ahold Delhaize maintained its outlook for the year as a whole after what it called a solid start, but flagged that risks have increased since the beginning of 2026.
The Dutch multinational grocery-retail company booked sales of 22.28 billion euros ($26.06 billion) for the first three months, 2% higher at constant exchange rates compared with the prior-year period. Company-compiled analysts' estimates were around 22.32 billion euros.
Underlying operating profit rose 8.1% on year excluding currency movements to 896 million euros, with a margin of 4%.
"Disruptions from geopolitical volatility and tensions, including the recent armed conflict in the Middle East, are a reality our business has managed through before," president and chief executive Frans Muller said. "We draw on previous experience and on the measures we have put in place over the past few years to limit the short-term impacts."
For the year as a whole, the company still expects an underlying operating margin of 4%. It also anticipates mid- to high-single-digit underlying growth in earnings per share excluding currency movements.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
May 06, 2026 02:23 ET (06:23 GMT)
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