Trade Now

Capital at risk Advertisement
Share Name Share Symbol Market Type
Koninklijke Ahold Delhaize NV EU:AD Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.14 -0.54% 25.995 25.86 26.10 26.21 25.815 26.00 2,441,343 16:40:00

Ahold Delhaize 3Q Net Profit Beat Consensus, Raises Fiscal Year Guidance

10/11/2021 7:29am

Dow Jones News

Koninklijke Ahold Delhai... (EU:AD)
Historical Stock Chart

From Oct 2021 to Oct 2022

Click Here for more Koninklijke Ahold Delhai... Charts.

By Ian Walker


Koninklijke Ahold Delhaize NV on Wednesday reported a market beating third-quarter net profit and raised its full-year guidance.

The Dutch grocer made a net profit for the third quarter of 522 million euros ($605.3 million) compared with EUR68 million for the year-earlier period and a consensus of EUR496 million taken from the company's website and based on 14 analysts' forecasts.

Net sales rose to EUR18.55 billion from EUR17.83 billion the prior year a rise of 4.6% on a constant-exchange basis. This compares with a consensus of EUR18.02 billion, according to a company-compiled consensus of 21 analysts' estimates.

Like-for-like U.S. net sales excluding gas rose 2.9% but European sales slipped 0.2%.

Quarterly underlying earnings per share--which strips out exceptional and other one-off items--rose to 53 European cents from 50 cents, up 8.1% on a constant-exchange basis.

The company said it expects to report underlying EPS growth in the low-to mid-20s range for the year compared with 2019. It had previously forecast high-teen full-year growth.


Write to Ian Walker at


(END) Dow Jones Newswires

November 10, 2021 02:14 ET (07:14 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

1 Year Koninklijke Ahold Delhai... Chart

1 Year Koninklijke Ahold Delhai... Chart

1 Month Koninklijke Ahold Delhai... Chart

1 Month Koninklijke Ahold Delhai... Chart
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20221003 23:43:17