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ADRNY Koninklijke Ahold Delhaize NV (QX)

36.25
-0.11 (-0.30%)
07 Feb 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Koninklijke Ahold Delhaize NV (QX) USOTC:ADRNY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.11 -0.30% 36.25 36.14 36.56 36.48 36.19 36.39 40,595 21:26:12

Ahold Delhaize Aims to Grow Sales by EUR10 Billion by 2025

15/11/2021 7:46am

Dow Jones News


Koninklijke Ahold Delhai... (QX) (USOTC:ADRNY)
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By Jaime Llinares Taboada

 

Koninklijke Ahold Delhaize NV said Monday that it will aim to grow sales by 10 billion euro ($11.44 billion) by 2025, and will launch a EUR1 billion share-buyback program at the beginning of 2022.

As part of its investor day presentation, the Dutch grocer provided a set of targets for 2025. It will seek to maintain industry-leading margins whilst doubling online sales and delivering high single-digit annual underlying earnings-per-share growth.

In the shorter term, Ahold Delhaize also plans to buy back EUR1 billion of shares in 2022. Moreover, the company expects 2022 sales to grow despite macroeconomic headwinds, with an operating margin of at least 4.0%.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

November 15, 2021 02:31 ET (07:31 GMT)

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

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