Koninklijke Ahold Delhaize N.V. 1AD
Margin compressing Guidance confirmed strategy: Acquisition
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Business Model#
What the company does and how it earns its money; written AI-editorially, exclusively from the company's original reports, without any assessment of our own.
Koninklijke Ahold Delhaize N.V. is a multinational food retail and wholesale company operating supermarkets, convenience formats, and e-commerce platforms across the United States and Europe. In the U.S., the company runs banners including Food Lion, Stop & Shop, Giant Food, and Hannaford, while European operations are anchored by Albert Heijn in the Netherlands and Belgium, Delhaize in Belgium and Serbia, and the e-commerce platform bol.com. Revenue is generated primarily through the sale of food and non-food consumer goods via physical stores and online channels, with own-brand products comprising over 40% of the product mix at Group level. Supplementary income streams include wholesale and distribution activities in the U.S., and the bol.com platform generates marketplace revenue alongside its direct retail operations, with bol Payment Services B.V. holding a payment provider license to extend the platform into regulated financial services. The 2026 Delfood acquisition further broadens the group's European retail footprint, and a strategic option for a Burlington, North Carolina distribution center reflects intended expansion of U.S. supply chain capacity.
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Current Status#
Summary of the most recent reporting period: core figures, drivers and management statements; written editorially from the current original report, every figure backed by a source number.
Ahold Delhaize reported Q2 2026 net sales of EUR 23,165 million, up 1.9% at constant exchange rates with comparable sales growth of 1.2% and own-brand penetration exceeding 40% at Group level 19 147. Online sales grew 8.6% at constant exchange rates in the quarter, with U.S. online sales accelerating 14.5% for the ninth consecutive quarter of double-digit growth 19. Operating income was EUR 866 million and net income was EUR 526 million, with reported diluted EPS of EUR 0.60 147. Management reconfirmed full-year 2026 guidance across all key metrics, including free cash flow of at least EUR 2.3 billion 19.
Management commentary on the 2026-Q2 results (IR-Quarter, 2026-08-05):
„All Stop & Shop locations now have price investments in place.“ – Frans Muller, President and Chief Executive Officer 19
„Looking ahead, we expect the operating environment to remain challenging.“ – Frans Muller, President and Chief Executive Officer 19
Revenue · 2026-Q223,165€m+0.3 % vs. 2025-Q2
Net profit · 2026-Q2526€m−4.0 % vs. 2025-Q2
EPS · 2026-Q20.60€+0.0 % vs. 2025-Q2
Revenue trend
Guidance
For FY2026, the company guides EPS (GAAP) to mid- to high-single-digit growth at constant exchange rates (confirmed); CapEx to around €2.7 billion (confirmed); Operating margin to around 4% (confirmed). 19.
ProfitabilityQ2 2026 operating income was EUR 866 million and net income was EUR 526 million, with diluted EPS of EUR 0.60 147. Underlying operating margin was 3.9%, declining 0.1 percentage points at constant exchange rates due to higher energy costs and ongoing price investments, while diluted underlying EPS was EUR 0.63 19. Free cash flow for the period was EUR 1,116 million, with Q2-specific free cash flow improving 22.3% to EUR 632 million driven by higher operating cash flows 147 19.
LeverageNet debt stood at EUR 1,665 million at the end of Q2 2026, against a cash position of EUR 3,196 million, with operating cash flow of EUR 1,743 million and capital expenditures of EUR 627 million for the period 147. The group successfully priced an EUR 800 million dual-tranche transaction comprising a EUR 300 million 2-year floating rate note and a EUR 500 million 8-year Green bond tranche, extending the group's debt maturity profile 19. Potential impact from financial debt levels and credit rating downgrades is noted as an ongoing financial risk factor for the group 19.
Management viewManagement reconfirmed full-year 2026 guidance for an underlying operating margin of approximately 4%, with the outlook also targeting mid-to-high-single-digit growth in diluted EPS 19. Free cash flow guidance was maintained at a minimum of EUR 2.3 billion for the full year, reflecting management's confidence in cash generation through the remainder of 2026 19. These reconfirmed targets were communicated alongside Q2 results on August 5, 2026, without revision from prior guidance 19.
ChangeDiluted underlying EPS decreased 1.4% at constant exchange rates to EUR 0.63 in Q2, reflecting modest operational headwinds across the group during the period 19. A Serbian governmental decree on grocery industry pricing negatively impacted regional performance within the European segment in the quarter 19. Egg price deflation and reduced SNAP benefits placed additional pressure on U.S. consumer demand, contributing to a challenging trading environment in the U.S. segment 19.
Risks (current)The Inflation Reduction Act is expected to impact approximately USD 450 million in U.S. pharmacy sales, representing a company-specific regulatory headwind for the U.S. segment 19. Households remain value-conscious amid an uncertain macroeconomic environment, and antitrust and similar legislation compliance requirements create ongoing regulatory exposure across the group's markets 19. Unexpected outcomes in legal proceedings, nature and climate-related challenges, and the risk of financial debt impacts or credit rating downgrades represent additional risk factors for the group 19.
New this reporting periodThe Delfood acquisition closed on February 2, 2026, expanding the group's European retail presence; the acquisition is expected to add over EUR 200 million in net sales to the European segment 19. Bol Payment Services B.V. obtained a payment provider license in 2026, extending the bol.com marketplace into regulated payment services 19. Ahold Delhaize acquired a strategic option to purchase a distribution center in Burlington, North Carolina under a 20-year lease agreement worth approximately USD 1 billion, with the facility planned for June 2027, while separately agreeing with Americold to terminate storage and handling contracts for facilities in Mountville, Pennsylvania, and Plainville, Connecticut, effective July 21, 2026 19.
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Price & Chart#
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Share-Price Drivers#
Factors the company itself names as material for its business development (IR-based); reproduced neutrally, no price forecast and no assessment of our own.
Digital and omnichannel expansion (Bol platform plus European M&A) layered on a broadly flat grocery revenue base
Group revenue is essentially flat year-on-year (2026-Q2 revenue 23,165 vs 2025-Q2 23,092) with the change flag marked growth 'flat' and guidance 'confirmed', so incremental value is being sought through digital services and acquisitions rather than organic top-line lift 147
Group revenue is essentially flat year-on-year (2026-Q2 revenue 23,165 vs 2025-Q2 23,092) with the change flag marked growth 'flat' and guidance 'confirmed', so incremental value is being sought through digital services and acquisitions rather than organic top-line lift 147
United States segment scale and stability
US is the largest segment (FY2024 revenue 54,198 at 4.4% margin, +0.7% growth), anchoring group revenue that has held around 22,275–23,490 across the last six quarters 12 147 146
US is the largest segment (FY2024 revenue 54,198 at 4.4% margin, +0.7% growth), anchoring group revenue that has held around 22,275–23,490 across the last six quarters 12 147 146
European M&A build-out (Profi in Romania, Delfood NV)
Profi acquisition completed 2025-01-03 and Delfood NV acquisition closed 2026-02-02 add store and omnichannel presence in Europe 20 19 12
Profi acquisition completed 2025-01-03 and Delfood NV acquisition closed 2026-02-02 add store and omnichannel presence in Europe 20 19 12
Bol e-commerce and digital services
Successive Bol launches – AI Spot & Shop (2025-Q4), Shopper Agent (2026-Q1) and bol Payment Services B.V. payment license (2026) – extend the digital platform 14 18 19
Successive Bol launches – AI Spot & Shop (2025-Q4), Shopper Agent (2026-Q1) and bol Payment Services B.V. payment license (2026) – extend the digital platform 14 18 19
Retail media and price/data platforms (Edge, PRISM)
PRISM platform rolled out to Food Lion and Hannaford (2025) and Edge retail media scaling to U.S. brands (2026) broaden higher-margin media/data revenue 16 15
PRISM platform rolled out to Food Lion and Hannaford (2025) and Edge retail media scaling to U.S. brands (2026) broaden higher-margin media/data revenue 16 15
Stop & Shop remodeling and price investment
Accelerated Stop & Shop store remodeling and price-investment rollout to all stores targeted for 2026-12-31 is an investment program whose payoff is not yet reflected in flat US growth 18
Accelerated Stop & Shop store remodeling and price-investment rollout to all stores targeted for 2026-12-31 is an investment program whose payoff is not yet reflected in flat US growth 18
Cash generation and shareholder returns
Free cash flow ran 154–1,942 across recent quarters and buyback programs continued (€1bn completed December 2024; additional €1bn expected by end 2025) 147 146 12 20
Free cash flow ran 154–1,942 across recent quarters and buyback programs continued (€1bn completed December 2024; additional €1bn expected by end 2025) 147 146 12 20
Sector trend: Grocery-retail KPIs point to flat-to-low demand growth with margins holding around the mid-single-digit level (US 4.4%), while operators lean on digital commerce, retail media and store remodeling to add value 147 12 16.
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Event Timeline#
This timeline collects the material events from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements. Events are grouped by quarter (most recent first); the grey tag before each event names the event type, the date is the publication date of the source. Management quotes open the quarter block as direct quotes. Per quarter we show the three most defining events; more can be expanded per quarter, older years are collapsed. Every event carries its source as a superscript, clickable number.
Overview: one dot per event · click jumps to the period
2026 · 6 events
2026-Q2 · Apr – Jun 2026
„All Stop & Shop locations now have price investments in place.“ – Frans Muller, President and Chief Executive Officer 19
Margin compressing 2026-08-05
Q2 underlying operating margin fell to 3.9%, down 0.1 percentage points at constant rates, reflecting higher energy costs and price investments 19
Q2 underlying operating margin fell to 3.9%, down 0.1 percentage points at constant rates, reflecting higher energy costs and price investments 19
Guidance confirmed 2026-08-05
FY2026 guidance reconfirmed: underlying operating margin ~4%, mid- to high-single-digit diluted EPS growth, free cash flow at least €2.3 billion 19
FY2026 guidance reconfirmed: underlying operating margin ~4%, mid- to high-single-digit diluted EPS growth, free cash flow at least €2.3 billion 19
Acquisition 2026-08-05
Acquired strategic option to purchase a distribution center in Burlington, North Carolina with 20-year lease agreement valued at approximately USD 1 billion 19
Acquired strategic option to purchase a distribution center in Burlington, North Carolina with 20-year lease agreement valued at approximately USD 1 billion 19
2026-Q1 · Jan – Mar 2026
„Focusing on our Q1 performance, net sales and comparable sales excluding gasoline increased 2.0% at constant exchange rates (net sales decreased 4.3% at actual exchange rates). Thanks to the strong operational execution by our teams of associates during the quarter, we delivered a healthy underlying operating margin of 4.0%. As a result, diluted underlying EPS was up 8.9% at constant exchange rates.“ – Frans Muller, President and Chief Executive Officer 18
Margin expanding 2026-05-06
Q1 underlying operating margin improved to 4.0%, up 0.2 percentage points at constant exchange rates 18
Q1 underlying operating margin improved to 4.0%, up 0.2 percentage points at constant exchange rates 18
Guidance confirmed 2026-05-06
FY2026 guidance reiterated: underlying operating margin ~4%, mid- to high-single-digit diluted EPS growth, free cash flow at least €2.3 billion 18
FY2026 guidance reiterated: underlying operating margin ~4%, mid- to high-single-digit diluted EPS growth, free cash flow at least €2.3 billion 18
Acquisition 2026-05-06
Delhaize completed acquisition of Delfood, adding over 300 convenience stores to the European segment 18
Delhaize completed acquisition of Delfood, adding over 300 convenience stores to the European segment 18
2025 · 16 events
2025-Q4 · Oct – Dec 2025
„In grocery, success is never driven by one thing – it is many details coming together every day. Over the past year, our capabilities have matured, our execution has become more connected, and our teams are operating in a strong rhythm, supported by a culture of ownership and accountability. This showed up clearly in our strong execution through the holiday season, allowing us to finish the year on a high.“ – Frans Muller, President and Chief Executive Officer 14
Adjusted result turned positive ◦ 2026-02-11
FY2025 diluted underlying EPS reached €2.67, +7.8% at CER; Q4 underlying EPS +6.1% to €0.73 at actual rates 14
FY2025 diluted underlying EPS reached €2.67, +7.8% at CER; Q4 underlying EPS +6.1% to €0.73 at actual rates 14
revenue 2026-02-11
FY2025 net sales €92.4bn, +5.9% at CER; Q4 net sales +6.1% CER; comparable sales excluding gasoline +3.2% for full year; online sales +13.3% CER 14
FY2025 net sales €92.4bn, +5.9% at CER; Q4 net sales +6.1% CER; comparable sales excluding gasoline +3.2% for full year; online sales +13.3% CER 14
Guidance initiated 2026-02-11
2026 outlook initiated: 53-week year expected to add 1.5-2% to net sales and 2-3% to underlying income; U.S. pharmacy segment faces ~€350m headwind from Inflation Reduction Act 14
2026 outlook initiated: 53-week year expected to add 1.5-2% to net sales and 2-3% to underlying income; U.S. pharmacy segment faces ~€350m headwind from Inflation Reduction Act 14
earnings 2025-12-31
FY2025 net income +28.3% to €2,264m; operating income rose to €3,542m from €2,784m in 2024; underlying EBITDA increased to €7,319m from €7,083m 20
FY2025 net income +28.3% to €2,264m; operating income rose to €3,542m from €2,784m in 2024; underlying EBITDA increased to €7,319m from €7,083m 20
Net cash to net debt 2025-12-31
Cash decreased from €6,169m to €3,605m; financial net debt reached €972m at year-end from near-zero at Q1 end, driven by Profi acquisition and €1.4bn notional cash pooling reduction 20
Cash decreased from €6,169m to €3,605m; financial net debt reached €972m at year-end from near-zero at Q1 end, driven by Profi acquisition and €1.4bn notional cash pooling reduction 20
Strategic pivot 2025-12-31
Prior €1bn share buyback completed December 5, 2025 (28,840,970 shares at avg. €34.67); new €1bn buyback commenced December 29, 2025, expected complete by end of 2026 20
Prior €1bn share buyback completed December 5, 2025 (28,840,970 shares at avg. €34.67); new €1bn buyback commenced December 29, 2025, expected complete by end of 2026 20
2025-Q3 · Jul – Sep 2025
„In Europe, we will bring new energy to increasing customer reach as we move into the new year. Delhaize Belgium is expanding its footprint with eight new supermarkets that will open in early 2026 under the brand's affiliate model. We also continue to make good progress on the integration of Profi, where we see a strong future growth path. Over the past three years, the brand has opened over 200 stores and intends to ramp up expansion plans in the next three years.“ – Frans Muller, President and CEO 16
Adjusted result turned positive ◦ 2025-11-05
Diluted underlying EPS +8.7% at actual exchange rates to €0.67, accelerating from +0.7% in Q2 16
Diluted underlying EPS +8.7% at actual exchange rates to €0.67, accelerating from +0.7% in Q2 16
Margin expanding 2025-11-05
Underlying operating margin improved to 4.1%, +0.3pp, reflecting strong U.S. performance and operational leverage despite Profi consolidation impact 16
Underlying operating margin improved to 4.1%, +0.3pp, reflecting strong U.S. performance and operational leverage despite Profi consolidation impact 16
Strategic pivot 2025-11-05
€1 billion share buyback program announced to commence at the beginning of 2026 16
€1 billion share buyback program announced to commence at the beginning of 2026 16
2025-Q2 · Apr – Jun 2025
„I am pleased to report solid second quarter performance, with strong sales growth supported by positive volumes in both regions. In an environment where customers prioritize value and convenience, our Growing Together strategy stands out as a key strength.“ – Frans Muller, President and CEO of Ahold Delhaize 15
revenue 2025-08-06
Q2 net sales +6.5% at CER; comparable sales excluding gasoline +4.0%, Profi contributed 3.4pp 15
Q2 net sales +6.5% at CER; comparable sales excluding gasoline +4.0%, Profi contributed 3.4pp 15
Margin compressing 2025-08-06
Underlying operating margin 4.0%, down 0.2pp, due to Profi consolidation impact and U.S. price investments for growth acceleration 15
Underlying operating margin 4.0%, down 0.2pp, due to Profi consolidation impact and U.S. price investments for growth acceleration 15
Strategic pivot 2025-08-06
E-commerce profitability achieved on fully allocated basis in H1 2025, marking key omnichannel milestone 15
E-commerce profitability achieved on fully allocated basis in H1 2025, marking key omnichannel milestone 15
2025-Q1 · Jan – Mar 2025
„I am pleased to report strong first quarter sales growth, placing us well on track to reach our goals and strategic ambitions for 2025. It has been a dynamic start to the year for customers in both regions, with increasing macroeconomic and geopolitical volatility. In the U.S., there have been spikes in the price of eggs and evolving conditions around tariffs. In Europe, we have experienced ongoing conflict and tension in Ukraine and large-scale anti-corruption protests in Central and Southeastern Europe (CSE).“ – Frans Muller, President and Chief Executive Officer 13
Revenue accelerating 2025-05-07
Q1 net sales +5.0% at CER to €23.3bn; comparable sales excluding gasoline +3.3%, Profi contributed 2.9pp; partly offset by Stop & Shop closures and tobacco sales cessation 13
Q1 net sales +5.0% at CER to €23.3bn; comparable sales excluding gasoline +3.3%, Profi contributed 2.9pp; partly offset by Stop & Shop closures and tobacco sales cessation 13
Guidance confirmed 2025-05-07
FY2025 guidance reiterated: underlying operating margin ~4%, FCF ≥€2.2bn, capex ~€2.7bn, mid- to high-single-digit EPS growth 13
FY2025 guidance reiterated: underlying operating margin ~4%, FCF ≥€2.2bn, capex ~€2.7bn, mid- to high-single-digit EPS growth 13
Acquisition 2025-05-07
Profi acquisition completed January 3, 2025, adding 1,768 stores and €647m net sales in Q1 2025; total consideration €1,239m 13
Profi acquisition completed January 3, 2025, adding 1,768 stores and €647m net sales in Q1 2025; total consideration €1,239m 13
2024 · 17 events
2024-Q4 · Oct – Dec 2024
„Our new Growing Together strategy will accelerate our work in all the areas that help us make a difference for customers and communities.“ – Frans Muller, President and CEO of Ahold Delhaize 12
„From an operations perspective, our Q4 performance is equally promising, and provides a good indicator of where we are heading in 2025. In Q4, net sales increased by 0.6% at constant rates, while comparable sales excluding gas increased by 1.4%. Excluding the impacts from the divestment of FreshDirect, the closure of Stop & Shop stores and the cessation of tobacco sales in the Netherlands, net sales growth would have been 2.1 percentage points higher.“ – Frans Muller, President and CEO 7
Revenue decelerating 2025-02-25
Full-year net sales increased 0.7% to €89,356 million (0.9% at constant exchange rates); comparable sales growth excluding gasoline of 1.2% reflected modest top-line expansion 12
Full-year net sales increased 0.7% to €89,356 million (0.9% at constant exchange rates); comparable sales growth excluding gasoline of 1.2% reflected modest top-line expansion 12
Margin compressing 2025-02-12
Q4 underlying operating margin was 4.1%, down 0.2 percentage points versus prior year; full-year underlying operating margin held at 4.0%, flat year-over-year 7
Q4 underlying operating margin was 4.1%, down 0.2 percentage points versus prior year; full-year underlying operating margin held at 4.0%, flat year-over-year 7
Net debt to net cash 2025-02-12
Full-year free cash flow reached €2.5 billion, exceeding guidance of approximately €2.3 billion; net debt (excluding lease obligations) transitioned to a net cash position of approximately €994 million at year-end from net debt of approximately €1.0 billion at Q3 end 7
Full-year free cash flow reached €2.5 billion, exceeding guidance of approximately €2.3 billion; net debt (excluding lease obligations) transitioned to a net cash position of approximately €994 million at year-end from net debt of approximately €1.0 billion at Q3 end 7
Acquisition 2025-02-12
Acquisition of Profi Rom Food SRL completed January 3, 2025, doubling Ahold Delhaize's retail footprint in Romania and adding approximately €3 billion in net sales to the Europe segment 7
Acquisition of Profi Rom Food SRL completed January 3, 2025, doubling Ahold Delhaize's retail footprint in Romania and adding approximately €3 billion in net sales to the Europe segment 7
earnings 2024-12-31
Net income declined 5.9% to €1,764 million from €1,874 million in 2023; operating income decreased to €2,784 million from €2,846 million in 2023 10
Net income declined 5.9% to €1,764 million from €1,874 million in 2023; operating income decreased to €2,784 million from €2,846 million in 2023 10
Strategic pivot 2024-12-31
Delhaize Belgium transformation completed in 2024: all 128 integrated supermarkets converted to affiliated format (33 in 2023, remaining 95 in 2024), fundamentally reshaping the Belgian operating model 10
Delhaize Belgium transformation completed in 2024: all 128 integrated supermarkets converted to affiliated format (33 in 2023, remaining 95 in 2024), fundamentally reshaping the Belgian operating model 10
2024-Q3 · Jul – Sep 2024
„Our track record of keeping our own house in order is paying off.“ – Frans Muller, President and Chief Executive Officer 9
revenue 2024-11-06
Q3 comparable sales excluding gasoline grew 1.4%, re-accelerating from 0.6% in Q2, with net sales up 1.0% at constant exchange rates 9
Q3 comparable sales excluding gasoline grew 1.4%, re-accelerating from 0.6% in Q2, with net sales up 1.0% at constant exchange rates 9
Strategic pivot 2024-11-06
Closure of 32 Stop & Shop stores completed at the beginning of November; Delhaize Belgium Future Plan finalized with final store conversion to affiliated format completed in Q3 9
Closure of 32 Stop & Shop stores completed at the beginning of November; Delhaize Belgium Future Plan finalized with final store conversion to affiliated format completed in Q3 9
Strategic pivot 2024-11-06
€1 billion share buyback program announced to commence at the beginning of 2025 9
€1 billion share buyback program announced to commence at the beginning of 2025 9
2024-Q2 · Apr – Jun 2024
„We are also well on track with our Save for Our Customers program for 2024. In addition, we are starting to benefit from structural changes in our business related to the Belgium Future Plan and cost savings initiatives in Europe and the U.S. that were initiated over the past 12 months. Our delivery of an underlying operating margin of 4.2% puts us in a good position to take further steps this year to accelerate growth investments, and comes at a time when we see encouraging volume trends in both regions.“ – Frans Muller, President and Chief Executive Officer 6
Margin expanding 2024-08-07
Q2 underlying operating margin improved to 4.2%, up 0.1 percentage points year-over-year, driven by strong performance in both the United States and Europe segments 6
Q2 underlying operating margin improved to 4.2%, up 0.1 percentage points year-over-year, driven by strong performance in both the United States and Europe segments 6
Strategic pivot 2024-08-07
Stop & Shop announced closure of 32 underperforming stores by year-end 2024, with expected 2025 net sales impact of $550-575 million and a non-recurring pre-tax charge of €150-200 million anticipated in Q3 2024 6
Stop & Shop announced closure of 32 underperforming stores by year-end 2024, with expected 2025 net sales impact of $550-575 million and a non-recurring pre-tax charge of €150-200 million anticipated in Q3 2024 6
Strategic pivot 2024-08-07
Refreshed Growing Together strategy launched, defining six strategic priorities and a growth model targeting organic and non-organic expansion for the 2025-2028 period 6
Refreshed Growing Together strategy launched, defining six strategic priorities and a growth model targeting organic and non-organic expansion for the 2025-2028 period 6
Segment divergence 2024-08-07
Europe revenue grew +104.2% to 17,250.0 EURm in 2024-Q2 (77% of group revenue) while group revenue changed +1.2%. 6
Europe revenue grew +104.2% to 17,250.0 EURm in 2024-Q2 (77% of group revenue) while group revenue changed +1.2%. 6
2024-Q1 · Jan – Mar 2024
„In February, Delhaize finalized agreements to franchise all of the 128 own-operated stores. To date, 76 stores have already transitioned to their new owners and we expect that all conversions will have taken place by the end of the year. From the stores already transitioned, we are seeing promising results, with customer frequency and basket size trending upwards.“ – Frans Muller, President and Chief Executive Officer 8
Revenue accelerating 2024-05-08
Group net sales rose 1.3% at constant exchange rates; comparable sales excluding gasoline grew 1.6%, the strongest quarterly comparable growth rate in FY 2024 8
Group net sales rose 1.3% at constant exchange rates; comparable sales excluding gasoline grew 1.6%, the strongest quarterly comparable growth rate in FY 2024 8
Guidance confirmed 2024-05-08
Full-year 2024 guidance reiterated: underlying operating margin at least 4.0%, underlying EPS around 2023 levels, free cash flow approximately €2.3 billion 8
Full-year 2024 guidance reiterated: underlying operating margin at least 4.0%, underlying EPS around 2023 levels, free cash flow approximately €2.3 billion 8
Strategic pivot 2024-05-08
Delhaize Belgium Future Plan progressed with 76 of 128 integrated stores converted to franchise format; all conversions expected to complete by year-end 8
Delhaize Belgium Future Plan progressed with 76 of 128 integrated stores converted to franchise format; all conversions expected to complete by year-end 8
2023 · 14 events
2023-Q4 · Oct – Dec 2023
„Disciplined cost management is more important than ever to mitigate cost increases for customers, especially as global conflicts create potential volatility in supply chains. In 2023, we left no stone unturned and significantly exceeded our original Save for Our Customers goals, generating over €1.25 billion in cost savings, which is 29% more than we generated in the prior year.“ – Frans Muller, President and Chief Executive Officer 3
Revenue decelerating 2024-02-14
Q4 comparable sales ex-gas +1.8%, net sales +1.9% at constant exchange rates, continuing deceleration from prior quarters 3
Q4 comparable sales ex-gas +1.8%, net sales +1.9% at constant exchange rates, continuing deceleration from prior quarters 3
Guidance confirmed 2024-02-14
Full year 2023 free cash flow of €2.4 billion achieved at higher end of raised guidance range of €2.2–2.4 billion 3
Full year 2023 free cash flow of €2.4 billion achieved at higher end of raised guidance range of €2.2–2.4 billion 3
Divestiture 2024-02-14
FreshDirect divestment to Getir completed December 6, 2023, resulting in €250 million pre-tax loss and €75 million net tax benefit 3
FreshDirect divestment to Getir completed December 6, 2023, resulting in €250 million pre-tax loss and €75 million net tax benefit 3
2023-Q3 · Jul – Sep 2023
„As a result, customers continue to place their trust in our brands, which is clearly reflected in positive market share growth. With our strong portfolio of international brands, we grew comparable store sales by 3.1% in the third quarter. At a Group level, we delivered an underlying operating margin of 3.8% and diluted underlying EPS of €0.58. While both these metrics are lower year-over-year, around two thirds of the EPS decline is linked to insurance-related adjustments and an unfavorable foreign exchange rate.“ – Frans Muller, President and Chief Executive Officer 1
Margin compressing 2023-11-08
Q3 underlying operating margin 3.8%, down from 4.4%, mainly reflecting U.S. margin decline from higher operating costs; federal SNAP benefit reductions created approximately 4pp headwind to U.S. sales growth 1
Q3 underlying operating margin 3.8%, down from 4.4%, mainly reflecting U.S. margin decline from higher operating costs; federal SNAP benefit reductions created approximately 4pp headwind to U.S. sales growth 1
Acquisition 2023-11-08
Announced planned acquisition of Romanian supermarket chain Profi at implied 7x EBITDA multiple on June 2023 LTM basis 1
Announced planned acquisition of Romanian supermarket chain Profi at implied 7x EBITDA multiple on June 2023 LTM basis 1
Divestiture 2023-11-08
Announced agreement to sell FreshDirect to Getir with estimated pre-tax divestment loss of $275–325 million 1
Announced agreement to sell FreshDirect to Getir with estimated pre-tax divestment loss of $275–325 million 1
2023-Q2 · Apr – Jun 2023
„In Europe, excluding the impact of strikes in Belgium, comparable sales were up 7.6%. A key highlight of the quarter was a very strong performance in online retail.“ – Frans Muller, President and Chief Executive Officer 2
revenue 2023-08-09
Q2 net sales +4.3% at constant exchange rates (slowing from Q1's 6.3%); comparable sales ex-gas +4.6% 2
Q2 net sales +4.3% at constant exchange rates (slowing from Q1's 6.3%); comparable sales ex-gas +4.6% 2
Guidance raised 2023-08-09
Free cash flow guidance for 2023 raised to €2.0–2.2 billion range from approximately €2.0 billion 2
Free cash flow guidance for 2023 raised to €2.0–2.2 billion range from approximately €2.0 billion 2
Strategic pivot 2023-08-09
Delhaize Belgium transformation to independently operated stores progressed; €108 million impairment charge recognized on store assets 2
Delhaize Belgium transformation to independently operated stores progressed; €108 million impairment charge recognized on store assets 2
2023-Q1 · Jan – Mar 2023
„In Europe, excluding the impact of strikes in Belgium following the announcement by local management of their intention to transform its integrated supermarkets there into independently operated Delhaize stores, comparable sales were up 7.7%. Excluding the impacts of inflated energy costs and strikes, underlying operating margins modestly exceeded prior year levels.“ – Frans Muller, President and Chief Executive Officer 4
Revenue accelerating ◦ 2023-05-10
Q1 group net sales +9.4% at actual exchange rates and +6.3% at constant rates; comparable sales ex-gas +6.2% 4
Q1 group net sales +9.4% at actual exchange rates and +6.3% at constant rates; comparable sales ex-gas +6.2% 4
Margin compressing 2023-05-10
Underlying operating margin 4.0%, down 0.2pp, with strong U.S. performance offset by European margin declines and reduced insurance gains 4
Underlying operating margin 4.0%, down 0.2pp, with strong U.S. performance offset by European margin declines and reduced insurance gains 4
Strategic pivot 2023-05-10
Delhaize Belgium announced intention to transform integrated supermarkets into independently operated stores 4
Delhaize Belgium announced intention to transform integrated supermarkets into independently operated stores 4
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Key Figures (€m)#
The company's core financial figures in three views, one below the other: fiscal years (as reported; after restatements the table shows the most recent filing version, marked), half-years (6-month basis, H2 = second half on its own) and quarters (3-month basis, not cumulative). Each row is one period, most recent first. Values with a dotted underline are clickable and show the raw value, the exact source location, the scale evidence and the source; derived values additionally show their formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.
Revenue (€m) · annual basis, as reported
Net income (€m) · annual basis, as reported
EPS (€) · annual basis, as reported
Operating cash flow (€m) · annual basis, as reported
Revenue (€m) · quarterly basis, as reported
Net income (€m) · quarterly basis, as reported
EPS (€) · quarterly basis, as reported
Operating cash flow (€m) · quarterly basis, as reported
Cash (€m) · annual basis, as reported
Debt (€m) · annual basis, as reported
Net Debt (€m) · annual basis, as reported
Capex (€m) · annual basis, as reported
FCF (€m) · annual basis, as reported
D&A (€m) · annual basis, as reported
Cash (€m) · quarterly basis, as reported
Debt (€m) · quarterly basis, as reported
Net Debt (€m) · quarterly basis, as reported
Capex (€m) · quarterly basis, as reported
FCF (€m) · quarterly basis, as reported
D&A (€m) · quarterly basis, as reported
Shown: the most recent fiscal years. Full history since FY2022 is on record.
Fiscal years
Amounts in €m · EPS in € per share · as reported
| Period | Revenue | Op. income | Net income | EPS (€) | OCF | Source |
|---|---|---|---|---|---|---|
| FY2025 | 92,352 | 3,542 | 2,264 | 2.50 | 6,989 | 14 |
| FY2024 | 89,356 | 2,784 | 1,764 | 1.89 | 6,224 | 6 |
| FY2023 | 88,734 | 2,846 | 1,874 | 1.94 | 6,466 | 130 |
Quarters
Amounts in €m · EPS in € per share · as reported
| Period | Published | Revenue | Op. income | Net income | EPS (€) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2* | 2026-08-05 | 23,165 | 866 | 526 | 0.60 | 1,116 | 3,196 | 1,665 | 147 |
| 2026-Q1* | 2026-05-06 | 22,275 | 895 | 552 | 0.62 | 154 | 3,851 | 1,546 | 146 |
| 2025-Q4* | 2026-02-11 | 23,490 | 899 | 577 | 0.65 | 1,942 | 3,605 | 972 | 14 |
| 2025-Q3* | 2025-11-05 | 22,494 | 902 | 584 | 0.65 | 819 | 3,811 | 781 | 139 |
| 2025-Q2* | 2025-08-06 | 23,092 | 861 | 548 | 0.60 | 976 | 3,939 | 659 | 15 |
| 2025-Q1* | 2025-05-07 | 23,276 | 880 | 554 | 0.60 | 687 | 4,739 | -25 | 13 |
| 2024-Q4* | 2025-02-12 | 23,276 | 607 | 380 | 0.41 | 1,659 | 6,169 | -994 | 135 |
| 2024-Q3* | 2024-11-06 | 22,003 | 583 | 372 | 0.40* | 803 | 4,084 | 1,005 | 9 |
| 2024-Q2* | 2024-08-07 | 22,349 | 790 | 499 | 0.52* | 828 | 5,832 | 14,704 | 6 |
| 2024-Q1* | 2024-05-08 | 21,728 | 803 | 513 | 0.54 | 636 | 6,517 | 14,194 | 8 |
| 2023-Q4* | 2024-02-14 | 23,023 | 675 | 451 | 0.47 | 1,432 | 3,484 | 3,738 | 107 |
| 2023-Q3* | 2023-11-08 | 21,957 | 625 | 394 | 0.41* | 895 | 4,766 | -563 | 1 |
| 2023-Q2* | 2023-08-09 | 22,084 | 724 | 468 | 0.48 | – | 3,893 | 1,074 | 2 |
| 2023-Q1* | 2023-05-10 | 21,642 | 822 | 561 | 0.57 | 412 | 3,666 | 825 | 4 |
* derived: values with formula provenance (hover); Q4 = FY − 9M · H2 = FY − H1 · EPS via implied shares · net debt = financial debt − cash · FCF = OCF − |capex|.
Columns not reported in this reporting cadence are hidden: Op. income (adj.), EBITDA (adj.), EPS adj., Net Debt/EBITDA (not reported in any source for these periods).
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Balance Sheet & Cash Flow (€m)#
Point-in-time balance sheet items (e.g. cash, financial debt) and cash flow items (operating cash flow, investments/capex) per fiscal year, half-year and quarter. Balance sheet values are as of the period end, flow items cover the period. Derived values are marked and are calculated, for example, as: net debt = financial debt − cash; free cash flow = operating cash flow − capex; the click popover shows formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
Fiscal years
Amounts in €m · as reported
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | 2026-02-11 | 3,605 | 4,577 | 972 | 3,586 | 6,989 | 2,564 | 4,425 | 14 |
| FY2024 | 2024-08-07 | 6,169 | 20,315 | 14,146 | 3,477 | 6,224 | 2,299 | 3,925 | 6 |
| FY2023 | 2024-02-14 | 3,484 | 7,222 | 3,738 | 3,469 | 6,466 | 2,434 | 4,032 | 130 |
Quarters
Amounts in €m · as reported
| Period | Published | Cash | Debt | Net Debt | D&A | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2 | 2026-08-05 | 3,196 | 4,861 | 1,665 | 889 | 1,743 | 627 | 1,116 | 147 |
| 2026-Q1 | 2026-05-06 | 3,851 | 5,397 | 1,546 | 878 | 757 | 603 | 154 | 146 |
| 2025-Q4 | 2026-02-11 | 3,605 | 4,577 | 972 | 882 | 2,701 | 759 | 1,942 | 14 |
| 2025-Q3 | 2025-11-05 | 3,811 | 4,592 | 781 | 885 | 1,397 | 578 | 819 | 139 |
| 2025-Q2 | 2025-08-06 | 3,939 | 4,598 | 659 | 889 | 1,594 | 618 | 976 | 15 |
| 2025-Q1 | 2025-05-07 | 4,739 | 4,714 | -25 | 929 | 1,296 | 609 | 687 | 13 |
| 2024-Q4 | 2025-02-12 | 6,169 | 5,175 | -994 | 883 | 2,319 | 660 | 1,659 | 135 |
| 2024-Q3 | 2024-11-06 | 4,084 | 5,089 | 1,005 | 855 | 1,330 | 527 | 803 | 9 |
| 2024-Q2 | 2024-08-07 | 5,832 | – | 14,704 | 878 | 1,382 | 554 | 828 | 6 |
| 2024-Q1 | 2024-05-08 | 6,517 | – | 14,194 | 860 | 1,194 | 558 | 636 | 8 |
| 2023-Q4 | 2024-02-14 | 3,484 | 7,222 | 3,738 | 865 | 2,230 | 798 | 1,432 | 107 |
| 2023-Q3 | 2023-11-08 | 4,766 | 4,203 | -563 | 867 | 1,443 | 548 | 895 | 1 |
| 2023-Q2 | 2023-08-09 | 3,893 | 4,967 | 1,074 | 859 | – | 559 | – | 2 |
| 2023-Q1 | 2023-05-10 | 3,666 | 4,491 | 825 | 871 | 940 | 528 | 412 | 4 |
Debt = long-term + current · Net debt = debt − cash · FCF = OCF − capex.
Publication date of individual rows is a publisher placeholder (not the actual publication date).
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Revenue by Type (as of 2026-Q2 · EURm · 3/4)#
Revenue split by segment or product type, exactly as the company itself reports it. The basis is stated next to each value (3, 6 or 12 months); segment totals can deviate from group revenue (reconciliation/consolidation items). If the company changes its segment structure, older structures are kept in the expandable part. Rows in grey are no longer reported separately by the company; they show the last available figures and are never extrapolated.
| Segment | Since | Period | Basis | Revenue | Growth | Margin | Source |
|---|---|---|---|---|---|---|---|
| Ahold Delhaize Group | 2026-Q2 | 2026-Q2 | 6M | 15 | 5% | – | 19 |
| The United States | 2023-Q1 | 2026-Q2 | 6M? | 1,053 | 83% | – | 19 |
| Europe | 2023-Q1 | 2026-Q2 | 6M? | 910 | 169% | – | 19 |
| United States | FY2024 | FY2024 | 12M | 54,198 | 0.7% | 4.4% | 12 |
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Products & M&A (16/43 active+recent)#
Product announcements from the reports; market launches, approvals, partnerships; with first mention (date) and source. “Active/current” means: still mentioned in the most recent reports; what the company no longer mentions moves to the expandable part but is never deleted. Rows in grey are discontinued products.
| Product/Line | Since | Status | Source |
|---|---|---|---|
| Stop & Shop accelerated store remodeling program and price investment rollout to all stores | 2026-12 | Launched | 18 |
| €800 million dual-tranche EUR bond issuance | 2026-03 | Launched | 18 |
| Bol Shopper Agent launch | 2026-03 | Launched | 18 |
| Eight new Delhaize Belgium supermarkets | 2026-01 | Launched | 16 |
| bol Payment Services B.V. payment provider license | 2026 | Launched | 19 |
| Edge retail media platform scaling to U.S. brands | 2026 | Launched | 16 |
| Burlington, North Carolina distribution center (3×) | 2026 | Launched | 19 |
| Virtual Power Purchase Agreement signed in Europe | 2025-12 | Launched | 14 |
| Bol AI-enabled Spot & Shop feature launch | 2025-12 | Launched | 14 |
| PRISM platform rollout | 2025-09 | Launched | 16 |
| PRISM rollout at Food Lion | 2025-06 | Launched | 15 |
| Delhaize distribution center expansion in Vorst | 2025-06 | Launched | 15 |
| Migration of Food Lion to PRISM platform (completion expected 2025) | 2025 | Planned | 12 |
| Albert Heijn personal assistant Steijn launch | 2025 | Launched | 16 |
| Hannaford To Go Expansion (2x) | 2023 | Launched | 15 |
| Albert Heijn tobacco sales cessation (2x) | 2024-01 | Discontinued (2024-03) | 12 |
| The GIANT Company new store opening in Philadelphia | 2024-12 | Launched | 7 |
| Technology Committee formation | 2024-11 | Launched | 12 |
| Global FoodBanking Network Sponsorship | 2024-07 | Launched | 6 |
| Plainville, Connecticut facility | 2024-06 | Launched | 5 |
| Growing Together strategy | 2024-05 | Launched | 12 |
| Albert Heijn new business customer partnerships | 2024-03 | Launched | 8 |
| Self-identification data collection in annual Associate Engagement Survey for EU&I brands | 2024 | Launched | 12 |
| Psychological safety transformation program with Contentment Foundation | 2024 | Launched | 11 |
| Psychological safety training program launch | 2024 | Launched | 12 |
| Life Events Framework menopause support policy (4x) | 2024 | Launched | 11 |
| Launch of Tech Studio AD/01 in Bucharest | 2024 | Launched | 12 |
| Launch of DoorDash partnership in U.S. | 2024 | Launched | 12 |
| Global Safety Policy (2x) | 2024 | Launched | 12 |
| Establishment of W23 Global innovation fund with four other retailers | 2024 | Launched | 12 |
| Belgium Future Plan store conversions from integrated to affiliated format | 2024 | Launched | 12 |
| Jolanda Poots-Bijl appointed as CFO and Management Board member | 2023-10 | Launched | 2 |
| Green Bond issuance | 2023-03 | Launched | 4 |
| Stop & Shop Allston Yards development project | 2023 | Launched | 5 |
| Second mechanized HSC in Zwolle, Netherlands (3x) | 2023 | Launched | 5 |
| MAXI Serbia Online Warehouse | 2023 | Launched | 5 |
| Gen AI Labs at Albert Heijn | 2023 | Launched | 5 |
| Frozen facility in Mountville, Pennsylvania | 2023 | Launched | 5 |
| Food Lion Charlotte omnichannel remodels | 2023 | Launched | 5 |
| Albert Heijn Home Shop Center (3x) | 2023 | Launched | 6 |
| Ahold Delhaize USA DC Chester New York and automated freezer Mountville Pennsylvania | 2023 | Launched | 5 |
| Ahold Delhaize Euro Ecommercial Paper issuance | 2023 | Launched | 5 |
| AH Terra Plant-Based Product Line | 2023 | Launched | 5 |
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M&A (23)#
All recorded acquisitions (purchases) and divestitures/exits with date, short description and source; deliberately including smaller transactions that summaries often miss. Purchase prices appear only where the company itself has disclosed them. Rows in grey are cancelled transactions; the cancellation date is shown in the row.
Acquisitions · 18Divestitures/exits · 5
Acquisitions
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| Blackstone Credit & Insurance Distribution Center Investment | 2026-01 | Completed | 20 |
| Agreement Blackstone Credit & Insurance for triple-net-lease transaction | 2026-01 | Announced | 14 |
| Sustainability-Linked Bond issuance (2x) | 2025-03 | Completed | 20 |
| Acquisition of Profi (Romanian omnichannel brand) | 2025-01 | Completed | 12 |
| Wind farms in Finland via virtual PPA (2x) | 2025 | Completed | 17 |
| Eight renewable energy PPAs for U.S. East Coast solar projects | 2025 | Completed | 17 |
| Delfood Acquisition (3x) | 2024-12 | Completed | 19 |
| Alfa Beta acquisition of six stores in Greece | 2024-09 | Completed | 9 |
| Belgium Future Plan franchising (2x) | 2024-03 | Completed | 12 |
| Virtual PPA with BRUC for five solar power plants in Spain (2x) | 2024 | Completed | 10 |
| Profi Rom Food SRL acquisition | 2024 | Completed | 14 |
| bol.com acquires remaining shares in Cycloon | 2023-07 | Completed | 2 |
| Share buyback program (4×) | 2023 | Completed | 12 |
| Profi acquisition (5×) | 2023 | Completed | 20 |
| Joining European retail alliance EURELEC | 2023 | Completed | 5 |
| Jan Linders Albert Heijn conversion (4×) | 2023 | Completed | 5 |
| Delhaize Belgium store transformation (5×) | 2023 | Completed | 1 |
| Acquisition of Profi (Romanian supermarket chain) | 2023 | Completed | 5 |
Divestitures / exits
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| Americold storage and handling contract termination | 2026-07 | Divested | 19 |
| Closure of six e-commerce fulfillment centers in U.S. | 2025-12 | Divested | 14 |
| Jersey City fulfillment center closure | 2024-03 | Divested | 2 |
| Stop & Shop Store Closures (2×) | 2024 | Divested | 12 |
| FreshDirect divestment (5×) | 2023 | Divested | 1 |
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Reported KPIs (as disclosed) (628)#
Figures the company discloses itself in addition to the standard financials; order intake, recurring revenue, user or unit counts, adjusted measures. These “story KPIs” usually slip through standard databases; here they are collected as reported, with no calculation of our own. Important: the definition comes from the company itself and can differ from firm to firm; period and source are stated next to every value.
Company-specific KPIs verbatim from the filings (English, as disclosed; not normalised). Balance-sheet and boilerplate items filtered.
| Date | Period | KPI | Value / change | Source |
|---|---|---|---|---|
| 2026-08-05 | 2026-Q2 | Underlying operating margin | 3.9% | 19 |
| 2026-08-05 | 2026-Q2 | Own brand food penetration | 40% | 19 |
| 2026-08-05 | 2026-Q2 | Online sales growth constant rates | 8.6% | 19 |
| 2026-08-05 | 2026-Q2 | Net consumer online sales Ahold Delhaize | 3,489 (EUR millions) | 19 |
| 2026-08-05 | 2026-Q2 | Comparable sales growth excl. gasoline United States | 0.8% | 19 |
| 2026-08-05 | 2026-Q2 | Comparable sales growth excl. gasoline Europe | 1.7% | 19 |
| 2026-08-05 | 2026-Q2 | Comparable sales growth excl. gasoline Ahold Delhaize | 1.2% | 19 |
| 2026-05-06 | 2026-Q1 | Underlying operating margin (The United States) | 4.6% | 18 |
| 2026-05-06 | 2026-Q1 | Underlying operating margin (Europe) | 3.4% | 18 |
| 2026-05-06 | 2026-Q1 | Underlying operating margin (Ahold Delhaize) | 4.0% | 18 |
| 2026-05-06 | 2026-Q1 | Underlying EBITDA margin | 8.0% | 18 |
| 2026-05-06 | 2026-Q1 | Comparable sales growth excl. gasoline (The United States) | 1.5% | 18 |
| 2026-05-06 | 2026-Q1 | Comparable sales growth excl. gasoline (Europe) | 2.6% | 18 |
| 2026-05-06 | 2026-Q1 | Comparable sales growth excl. gasoline (Ahold Delhaize) | 2.0% | 18 |
| – | FY2025 | workplace injury rate | 17.71 | 20 |
| – | FY2025 | work in progress | 139 | 20 |
| – | FY2025 | weighted average duration of defined benefit obligations - United States | 10.9 | 20 |
| – | FY2025 | weighted average duration of defined benefit obligations - Rest of world | 8.2 | 20 |
| – | FY2025 | underlying operating income (2024) | 3,608 (EUR millions) | 20 |
| – | FY2025 | Underlying operating income | 3,734 (EUR millions) | 20 |
| – | FY2025 | Transaction costs settled 2024 | (4) | 20 |
| – | FY2025 | Transaction costs settled | – | 20 |
| – | FY2025 | Total right-of-use assets | 9,488 (EUR millions) | 20 |
| – | FY2025 | Total purchase consideration 2024 | (28) | 20 |
| – | FY2025 | Total purchase consideration | (1,239) | 20 |
| – | FY2025 | Total plan assets 2025 | 1,104 (EUR millions) | 20 |
| – | FY2025 | Total plan assets 2024 | 1,162 (EUR millions) | 20 |
| – | FY2025 | Total other non-current financial liabilities | 10,733 | 20 |
| – | FY2025 | Total other current financial liabilities 2024 | 4,610 | 20 |
| – | FY2025 | Total other current financial liabilities | 3,582 | 20 |
| – | FY2025 | Total investments in joint ventures and associates | 259 (EUR millions) | 20 |
| – | FY2025 | Total investment property | 508 (EUR millions) | 20 |
| – | FY2025 | Total interest income 2025 | 159 (EUR millions) | 20 |
| – | FY2025 | Total interest income 2024 | 221 (EUR millions) | 20 |
| – | FY2025 | Total interest expense 2025 | 25 (EUR millions) | 20 |
| – | FY2025 | Total interest expense 2024 | 24 (EUR millions) | 20 |
| – | FY2025 | Total financial liabilities excluding lease liabilities fair value 2025 | (15,827) | 20 |
| – | FY2025 | Total financial liabilities excluding lease liabilities fair value 2024 | (16,997) | 20 |
| – | FY2025 | Total financial liabilities excluding lease liabilities 2025 | (15,926) | 20 |
| – | FY2025 | Total financial liabilities excluding lease liabilities 2024 | (17,159) | 20 |
| – | FY2025 | Total financial liabilities at amortized cost fair value 2025 | (15,572) | 20 |
| – | FY2025 | Total financial liabilities at amortized cost fair value 2024 | (16,688) | 20 |
| – | FY2025 | Total financial liabilities at amortized cost 2025 | (15,671) | 20 |
| – | FY2025 | Total financial liabilities at amortized cost 2024 | (16,850) | 20 |
| – | FY2025 | Total financial liabilities 2025 | (27,900) | 20 |
| – | FY2025 | Total financial liabilities 2024 | (29,412) | 20 |
| – | FY2025 | Total financial assets at fair value through profit or loss 2025 | 968 (EUR millions) | 20 |
| – | FY2025 | Total financial assets at fair value through profit or loss 2024 | 1,010 (EUR millions) | 20 |
| – | FY2025 | Total financial assets at fair value through other comprehensive income 2025 | 136 (EUR millions) | 20 |
| – | FY2025 | Total financial assets at fair value through other comprehensive income 2024 | 17 (EUR millions) | 20 |
| – | FY2025 | Total financial assets at amortized cost 2025 | 6,656 (EUR millions) | 20 |
| – | FY2025 | Total financial assets at amortized cost 2024 | 9,019 (EUR millions) | 20 |
| – | FY2025 | Total financial assets at amortized cost (restated) 2024 | 9,003 (EUR millions) | 20 |
| – | FY2025 | Total financial assets 2025 | 7,760 (EUR millions) | 20 |
| – | FY2025 | Total financial assets 2024 | 10,046 (EUR millions) | 20 |
| – | FY2025 | Total financial assets (restated) 2024 | 10,030 (EUR millions) | 20 |
| – | FY2025 | Total energy consumption | 7,376,502 | 20 |
| – | FY2025 | Supply chain finance arrangements total 2024 | 1,286 (EUR millions) | 20 |
| – | FY2025 | Supply chain finance arrangements total | 1,396 (EUR millions) | 20 |
| – | FY2025 | Super Indo carrying value | 76 (EUR millions) | 20 |
| – | FY2025 | Software | 1,116 | 20 |
| – | FY2025 | Short-term deposits and similar investments 2025 | 14 (EUR millions) | 20 |
| – | FY2025 | Short-term deposits and similar investments 2024 | 16 (EUR millions) | 20 |
| – | FY2025 | Short-term borrowings fair value 2025 | (926) | 20 |
| – | FY2025 | Short-term borrowings fair value 2024 | (2,256) | 20 |
| – | FY2025 | Short-term borrowings carrying amount 2025 | (926) | 20 |
| – | FY2025 | Short-term borrowings carrying amount 2024 | (2,256) | 20 |
| – | FY2025 | Short-term borrowings 2024 | 295 | 20 |
| – | FY2025 | Short-term borrowings | 336 | 20 |
| – | FY2025 | Right-of-use assets - other | 280 (EUR millions) | 20 |
| – | FY2025 | Right-of-use assets - buildings and land | 9,208 (EUR millions) | 20 |
| – | FY2025 | Revolving credit facility | 1,500 | 20 |
| – | FY2025 | Result on divestment of subsidiaries and businesses 2024 | (237) | 20 |
| – | FY2025 | Result on divestment of subsidiaries and businesses | (6) | 20 |
| – | FY2025 | Restricted cash 2024 | 12 (EUR millions) | 20 |
| – | FY2025 | Restricted cash | 58 (EUR millions) | 20 |
| – | FY2025 | Renewable energy consumption | 1,921,018 | 20 |
| – | FY2025 | Reinsurance contract liabilities fair value 2025 | (243) | 20 |
| – | FY2025 | Reinsurance contract liabilities fair value 2024 | (286) | 20 |
| – | FY2025 | Reinsurance contract liabilities carrying amount 2025 | (243) | 20 |
| – | FY2025 | Reinsurance contract liabilities carrying amount 2024 | (286) | 20 |
| – | FY2025 | Reinsurance contract liabilities | 139 | 20 |
| – | FY2025 | Reinsurance contract assets 2025 | 285 (EUR millions) | 20 |
| – | FY2025 | Reinsurance contract assets 2024 | 334 (EUR millions) | 20 |
| – | FY2025 | Reassessments and modifications to leases 2024 | 899 | 20 |
| – | FY2025 | Reassessments and modifications to leases | 1,184 | 20 |
| – | FY2025 | Real estate - Retail 2025 | 14 | 20 |
| – | FY2025 | Real estate - Retail 2024 | 13 | 20 |
| – | FY2025 | Purchase consideration in kind 2024 | 2 | 20 |
| – | FY2025 | Purchase consideration in kind | 1 | 20 |
| – | FY2025 | Property, plant and equipment - total | 11,953 | 20 |
| – | FY2025 | Property, plant and equipment - other | 4,170 | 20 |
| – | FY2025 | Property, plant and equipment - buildings and land | 7,483 | 20 |
| – | FY2025 | Production sites of own-brand products in high-risk countries audited against an acceptable standard (%) | 77% | 20 |
| – | FY2025 | Long-term bonds at fixed rates (%) 2024 | 89 | 20 |
| – | FY2025 | Long-term bonds at fixed rates (%) | 89 | 20 |
| – | FY2025 | Healthy own-brand food sales (%) | 52.0% | 20 |
| – | FY2025 | Associates covered by collective bargaining - Total (%) | 57% | 20 |
| – | FY2025 | Payroll taxes, social security and VAT 2024 | 647 | 20 |
| – | FY2025 | Payroll taxes, social security and VAT | 694 | 20 |
| – | FY2025 | Other long-term financial liabilities fair value 2025 | (103) | 20 |
| – | FY2025 | Other long-term financial liabilities fair value 2024 | (157) | 20 |
| – | FY2025 | Other long-term financial liabilities carrying amount 2025 | (103) | 20 |
| – | FY2025 | Other long-term financial liabilities carrying amount 2024 | (156) | 20 |
| – | FY2025 | Other long-term financial liabilities | 51 | 20 |
| – | FY2025 | Other loans fair value 2025 | (1) | 20 |
| – | FY2025 | Other loans carrying amount 2025 | (1) | 20 |
| – | FY2025 | Other joint ventures and associates carrying value | 27 (EUR millions) | 20 |
| – | FY2025 | Other fair value 2025 | (37) | 20 |
| – | FY2025 | Other fair value 2024 | (26) | 20 |
| – | FY2025 | Other carrying amount 2025 | (37) | 20 |
| – | FY2025 | Other carrying amount 2024 | (26) | 20 |
| – | FY2025 | Other 2025 | 95 | 20 |
| – | FY2025 | Other 2024 | 1 | 20 |
| – | FY2025 | Number of work-related accidents | 7,611 | 20 |
| – | FY2025 | Notes fair value 2025 | (5,365) | 20 |
| – | FY2025 | Notes fair value 2024 | (5,578) | 20 |
| – | FY2025 | Notes carrying amount 2025 | (5,392) | 20 |
| – | FY2025 | Notes carrying amount 2024 | (5,652) | 20 |
| – | FY2025 | Net assets (liabilities) divested 2024 | 46 (EUR millions) | 20 |
| – | FY2025 | Net assets (liabilities) divested | 50 (EUR millions) | 20 |
| – | FY2025 | Loss on foreign exchange 2025 | 12 | 20 |
| – | FY2025 | Loss on foreign exchange 2024 | 5 | 20 |
| – | FY2025 | Long-term lease liabilities 2025 | (11,974) | 20 |
| – | FY2025 | Long-term lease liabilities 2024 | (12,253) | 20 |
| – | FY2025 | Loans - current portion 2024 | 630 (EUR millions) | 20 |
| – | FY2025 | Loans - current portion | 926 (EUR millions) | 20 |
| – | FY2025 | Lease liabilities - current portion 2024 | 1,444 | 20 |
| – | FY2025 | Lease liabilities - current portion | 1,448 | 20 |
| – | FY2025 | Lease liabilities | 10,526 | 20 |
| – | FY2025 | JMR carrying value | 156 (EUR millions) | 20 |
| – | FY2025 | Investments in debt instruments 2025 | 92 (EUR millions) | 20 |
| – | FY2025 | Investments in debt instruments 2024 | 7 (EUR millions) | 20 |
| – | FY2025 | Investment property - right-of-use asset | 198 (EUR millions) | 20 |
| – | FY2025 | Investment property - company-owned | 332 (EUR millions) | 20 |
| – | FY2025 | Investment funds 2025 | 195 (EUR millions) | 20 |
| – | FY2025 | Investment funds 2024 | 164 (EUR millions) | 20 |
| – | FY2025 | Interest payable carrying amount 2025 | (92) | 20 |
| – | FY2025 | Interest payable carrying amount 2024 | (83) | 20 |
| – | FY2025 | Highest exposure to a single financial counterparty (excl. AAA-rated money market funds) 2024 | 262 | 20 |
| – | FY2025 | Highest exposure to a single financial counterparty (excl. AAA-rated money market funds) | 218 | 20 |
| – | FY2025 | Gift card sales for the year | 835 (EUR millions) | 20 |
| – | FY2025 | Gift card redemptions for the year | 798 | 20 |
| – | FY2025 | Gift card liabilities as of December 29, 2024 | 286 | 20 |
| – | FY2025 | Gift card liabilities as of December 28, 2025 | 281 | 20 |
| – | FY2025 | Gift card liabilities 2024 | 286 | 20 |
| – | FY2025 | Gift card liabilities | 281 | 20 |
| – | FY2025 | Gift card breakage for the year | 28 | 20 |
| – | FY2025 | Future salary increases – United States 2024 (%) | 4.3 | 20 |
| – | FY2025 | Future salary increases – United States (%) | 4.3 | 20 |
| – | FY2025 | Future salary increases – Rest of world 2024 (%) | 3.8 | 20 |
| – | FY2025 | Future salary increases – Rest of world (%) | 3.8 | 20 |
| – | FY2025 | Funds posted as collateral 2024 | 24 | 20 |
| – | FY2025 | Funds posted as collateral | 12 | 20 |
| – | FY2025 | Franchisee and affiliate relationships | 487 | 20 |
| – | FY2025 | Financing obligations fair value 2025 | (38) | 20 |
| – | FY2025 | Financing obligations fair value 2024 | (65) | 20 |
| – | FY2025 | Financing obligations carrying amount 2025 | (109) | 20 |
| – | FY2025 | Financing obligations carrying amount 2024 | (153) | 20 |
| – | FY2025 | Expected total contributions to multi-employer defined benefit plans 2026 | 21 | 20 |
| – | FY2025 | Equity instruments – Telecommunications and information 2025 | 16 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Telecommunications and information 2024 | 12 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Other 2025 | 159 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Other 2024 | 153 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Industry 2025 | 10 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Industry 2024 | 10 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Financial services 2025 | 17 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Financial services 2024 | 18 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Energy and utilities 2025 | 18 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Energy and utilities 2024 | 15 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Consumer goods 2025 | 33 (EUR millions) | 20 |
| – | FY2025 | Equity instruments – Consumer goods 2024 | 44 (EUR millions) | 20 |
| – | FY2025 | Energy intensity per net revenue | 80 (EUR MWh/€ million net sales) | 20 |
| – | FY2025 | Divestment of businesses, net of cash divested 2024 | 21 (EUR millions) | 20 |
| – | FY2025 | Divestment of businesses, net of cash divested | (52) | 20 |
| – | FY2025 | Divestment of businesses before cash divested 2024 | 21 (EUR millions) | 20 |
| – | FY2025 | Divestment of businesses before cash divested | (49) | 20 |
| – | FY2025 | Discount rate – The United States 2024 (%) | 5.7 | 20 |
| – | FY2025 | Discount rate – The United States (%) | 5.5 | 20 |
| – | FY2025 | Discount rate - Rest of world 2024 (%) | 3.4 | 20 |
| – | FY2025 | Discount rate - Rest of world (%) | 3.8 | 20 |
| – | FY2025 | Derivatives fair value 2025 | (12) | 20 |
| – | FY2025 | Derivatives fair value 2024 | (23) | 20 |
| – | FY2025 | Derivatives carrying amount 2025 | (12) | 20 |
| – | FY2025 | Derivatives carrying amount 2024 | (23) | 20 |
| – | FY2025 | Derivative financial instruments 2025 | 136 | 20 |
| – | FY2025 | Derivative financial instruments 2024 | 17 | 20 |
| – | FY2025 | Deposit liabilities 2024 | 18 (EUR millions) | 20 |
| – | FY2025 | Deposit liabilities | 31 (EUR millions) | 20 |
| – | FY2025 | Defined benefit liabilities | 183 | 20 |
| – | FY2025 | Deferred income 2024 | 132 (EUR millions) | 20 |
| – | FY2025 | Deferred income | 149 (EUR millions) | 20 |
| – | FY2025 | Debt instruments - Other 2025 | 97 (EUR millions) | 20 |
| – | FY2025 | Debt instruments - Other 2024 | 102 (EUR millions) | 20 |
| – | FY2025 | Debt instruments - Government bonds 2025 | 69 (EUR millions) | 20 |
| – | FY2025 | Debt instruments - Government bonds 2024 | 88 (EUR millions) | 20 |
| – | FY2025 | Debt instruments - Corporate bonds (non-investment grade) 2025 | 16 | 20 |
| – | FY2025 | Debt instruments - Corporate bonds (non-investment grade) 2024 | 22 | 20 |
| – | FY2025 | Debt instruments - Corporate bonds (investment grade) 2025 | 273 | 20 |
| – | FY2025 | Debt instruments – Corporate bonds (investment grade) 2024 | 291 | 20 |
| – | FY2025 | Customer relationships | 43 | 20 |
| – | FY2025 | Compensated absences 2024 | 472 | 20 |
| – | FY2025 | Compensated absences | 468 | 20 |
| – | FY2025 | Company's liquidity position – cash | 3,115 (EUR millions) | 20 |
| – | FY2025 | Company contributions to multi-employer defined contribution plans 2025 | 292 | 20 |
| – | FY2025 | Company contributions to multi-employer defined contribution plans 2024 | 313 | 20 |
| – | FY2025 | Company contributions to defined contribution plans 2025 | 378 | 20 |
| – | FY2025 | Company contributions to defined contribution plans 2024 | 160 | 20 |
| – | FY2025 | Company contributions to Dutch plan 2025 | 213 | 20 |
| – | FY2025 | Cash outflows from divestment of subsidiaries and businesses | (70) | 20 |
| – | FY2025 | Cash inflows from divestment of subsidiaries and businesses 2024 | 21 (EUR millions) | 20 |
| – | FY2025 | Cash inflows from divestment of subsidiaries and businesses | 21 (EUR millions) | 20 |
| – | FY2025 | Cash equivalents (fair value through profit or loss) 2025 | 591 (EUR millions) | 20 |
| – | FY2025 | Cash equivalents (fair value through profit or loss) 2024 | 670 (EUR millions) | 20 |
| – | FY2025 | Cash divested | (3) | 20 |
| – | FY2025 | Cash and cash equivalents financial assets 2025 | 3,014 (EUR millions) | 20 |
| – | FY2025 | Cash and cash equivalents financial assets 2024 | 5,499 (EUR millions) | 20 |
| – | FY2025 | Cash and cash equivalents as presented on the balance sheet 2024 | 6,169 (EUR millions) | 20 |
| – | FY2025 | Cash and cash equivalents as presented on the balance sheet | 3,605 (EUR millions) | 20 |
| – | FY2025 | Cash and cash equivalents as presented in the statement of cash flows 2024 | 6,157 (EUR millions) | 20 |
| – | FY2025 | Cash and cash equivalents as presented in the statement of cash flows | 3,547 (EUR millions) | 20 |
| – | FY2025 | Cash and cash equivalents 2025 | 48 (EUR millions) | 20 |
| – | FY2025 | Cash and cash equivalents 2024 | 178 (EUR millions) | 20 |
| – | FY2025 | Cash acquired (excluding restricted cash) | 41 (EUR millions) | 20 |
| – | FY2025 | Brand names | 3,353 | 20 |
| – | FY2025 | Bank overdrafts 2024 | 1,962 | 20 |
| – | FY2025 | Bank overdrafts | 590 | 20 |
| – | FY2025 | Assets acquired under leases 2024 | 431 (EUR millions) | 20 |
| – | FY2025 | Assets acquired under leases | 443 (EUR millions) | 20 |
| – | FY2025 | Announced share buyback program | 1,000 | 20 |
| – | FY2025 | Amount under supply chain finance arrangements paid by third-party banks 2025 | 1,224 (EUR millions) | 20 |
| – | FY2025 | Amount under supply chain finance arrangements paid by third-party banks 2024 | 1,100 (EUR millions) | 20 |
| – | FY2025 | Amount due within one year (and termination benefits contracts) | 20 (EUR millions) | 20 |
| – | FY2025 | Amount due within one year (Severance and self-insurance program) | 288 (EUR millions) | 20 |
| – | FY2025 | Amount due within one year (Other) | 32 (EUR millions) | 20 |
| – | FY2025 | Amount due within one year (Onerous contracts) | 83 (EUR millions) | 20 |
| – | FY2025 | Amount due within one year (Claims and legal disputes) | 83 (EUR millions) | 20 |
| – | FY2025 | Amount due between six and 10 years (Total) | 516 (EUR millions) | 20 |
| – | FY2025 | Amount due between six and 10 years (Severance and self-insurance program) | 434 (EUR millions) | 20 |
| – | FY2025 | Amount due 6-10 years (Claims and legal disputes) | 82 (EUR millions) | 20 |
| – | FY2025 | Amount due 1-5 years (Termination benefits contracts) | 1 (EUR millions) | 20 |
| – | FY2025 | Amount due 1-5 years (Severance and self-insurance) | 436 (EUR millions) | 20 |
| – | FY2025 | Amount due 1-5 years (Other) | 23 (EUR millions) | 20 |
| – | FY2025 | Amount due 1-5 years (Onerous contracts) | 203 (EUR millions) | 20 |
| – | FY2025 | Amount due 1-5 years (Claims and legal disputes) | 6 (EUR millions) | 20 |
| – | FY2025 | Amount due after 5 years (Severance and self-insurance) | 240 (EUR millions) | 20 |
| – | FY2025 | Amount due after 5 years (Onerous contracts) | 1 (EUR millions) | 20 |
| – | FY2025 | Ahold Delhaize USA pension plan funding ratio year-end 2025 | 112.7 | 20 |
| – | FY2025 | Acquisition of businesses, net of cash acquired 2024 | (26) | 20 |
| – | FY2025 | Acquisition of businesses, net of cash acquired | (1,197) | 20 |
| – | FY2025 | Accrued expenses 2024 | 1,997 (EUR millions) | 20 |
| – | FY2025 | Accrued expenses | 1,960 (EUR millions) | 20 |
| – | FY2025 | Accounts payable carrying amount 2025 | (9,009) | 20 |
| – | FY2025 | Accounts payable carrying amount 2024 | (8,524) | 20 |
| 2026-02-11 | 2025-Q4 | Virgin own-brand primary plastic packaging reduction | 10.9% | 14 |
| 2026-02-11 | 2025-Q4 | Underlying operating margin | 4.2% | 14 |
| 2026-02-11 | 2025-Q4 | Third-party online sales full year 2025 | 3,125 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Third-party online sales full year 2024 | 2,888 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Third-party online sales Q4 2025 | 916 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Third-party online sales Q4 2024 | 829 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Shares outstanding (diluted, full year 2025) | 905 | 14 |
| 2026-02-11 | 2025-Q4 | Shares outstanding (diluted, full year 2024) | 933 | 14 |
| 2026-02-11 | 2025-Q4 | Shares outstanding (diluted, Q4 2025) | 893 | 14 |
| 2026-02-11 | 2025-Q4 | Shares outstanding (diluted, Q4 2024) | 920 | 14 |
| 2026-02-11 | 2025-Q4 | Shares outstanding (basic, full year 2025) | 901 | 14 |
| 2026-02-11 | 2025-Q4 | Shares outstanding (basic, full year 2024) | 930 | 14 |
| 2026-02-11 | 2025-Q4 | Shares outstanding (basic, Q4 2025) | 889 | 14 |
| 2026-02-11 | 2025-Q4 | Shares outstanding (basic, Q4 2024) | 917 | 14 |
| 2026-02-11 | 2025-Q4 | Save for Our Customers program target | Over €1.25 billion | 14 |
| 2026-02-11 | 2025-Q4 | Other online sales full year 2025 | 3,345 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Other online sales full year 2024 | 3,085 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Other online sales Q4 2025 | 1,033 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Other online sales Q4 2024 | 984 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Online sales growth | 12.9% | 14 |
| 2026-02-11 | 2025-Q4 | Online sales full year 2025 | 10,274 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Online sales full year 2024 | 9,235 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Online sales Q4 2025 | 2,832 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Online sales Q4 2024 | 2,597 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Net consumer online sales full year 2025 | 7,149 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Net consumer online sales full year 2024 | 6,347 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Net consumer online sales Q4 2025 | 1,916 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Net consumer online sales Q4 2024 | 1,768 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Lease liabilities | 10,526 | 14 |
| 2026-02-11 | 2025-Q4 | Healthy own-brand food sales | 52.1% | 14 |
| 2026-02-11 | 2025-Q4 | Grocery online sales full year 2025 | 6,929 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Grocery online sales full year 2024 | 6,150 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Grocery online sales Q4 2025 | 1,799 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | Grocery online sales Q4 2024 | 1,612 (EUR in millions) | 14 |
| 2026-02-11 | 2025-Q4 | GHG emissions reduction | 39.1% | 14 |
| 2026-02-11 | 2025-Q4 | Food waste reduction | 39.1% | 14 |
| 2026-02-11 | 2025-Q4 | Comparable sales growth excl. gasoline | 2.5% | 14 |
| 2026-02-11 | 2025-Q4 | Albert Heijn market share | 38.2% | 14 |
| 2025-11-05 | 2025-Q3 | Underlying operating margin US | 4.6% | 16 |
| 2025-11-05 | 2025-Q3 | Underlying operating margin Europe | 3.9% | 16 |
| 2025-11-05 | 2025-Q3 | Underlying operating margin Ahold Delhaize | 4.1% | 16 |
| 2025-11-05 | 2025-Q3 | Online sales growth Q3 | 12.2% | 16 |
| 2025-11-05 | 2025-Q3 | Net consumer online sales YTD | 9,651 (EUR millions) | 16 |
| 2025-11-05 | 2025-Q3 | Net consumer online sales Q3 | 3,140 (EUR millions) | 16 |
| 2025-11-05 | 2025-Q3 | Comparable sales growth excl. gasoline US | 2.9% | 16 |
| 2025-11-05 | 2025-Q3 | Comparable sales growth excl. gasoline Europe | 2.8% | 16 |
| 2025-11-05 | 2025-Q3 | Comparable sales growth excl. gasoline Ahold Delhaize | 2.9% | 16 |
| 2025-08-06 | 2025-Q2 | Underlying operating margin | 4.0% | 15 |
| 2025-08-06 | 2025-Q2 | Online sales | 2,485 (EUR millions) | 15 |
| 2025-08-06 | 2025-Q2 | Net consumer online sales | 3,245 (EUR millions) | 15 |
| 2025-08-06 | 2025-Q2 | Comparable sales growth excl. gasoline | 4.0% | 15 |
| 2025-05-07 | 2025-Q1 | Underlying operating margin | 3.8 % | 13 |
| 2025-05-07 | 2025-Q1 | Underlying EBITDA margin | 7.8 % | 13 |
| 2025-05-07 | 2025-Q1 | Operating margin | 3.8 % | 13 |
| 2025-05-07 | 2025-Q1 | Online sales growth | 15.4 % | 13 |
| 2025-05-07 | 2025-Q1 | Net consumer online sales growth | 14.0 % | 13 |
| 2025-05-07 | 2025-Q1 | Comparable sales growth excluding gasoline | 3.3 % | 13 |
| 2025-02-25 | FY2024 | Workplace absenteeism rate | 1.81 | 12 |
| 2025-02-25 | FY2024 | Training and development associates growth score | 75% | 12 |
| 2025-02-25 | FY2024 | Total virgin plastic packaging weight | 144 thousand tonnes | 12 |
| 2025-02-25 | FY2024 | Total equity | 15,454 (EUR € million) | 12 |
| 2025-02-25 | FY2024 | Total associates | 388,000 | 12 |
| 2025-02-25 | FY2024 | Total assets | 51,842 (EUR € million) | 12 |
| 2025-02-25 | FY2024 | Short-term borrowings and bank overdrafts | 2,256 | 12 |
| 2025-02-25 | FY2024 | Shares diluted | 914 | 12 |
| 2025-02-25 | FY2024 | Serious injury rate | 0.39 | 12 |
| 2025-02-25 | FY2024 | Reinsurance contract assets | 182 (EUR in millions) | 12 |
| 2025-02-25 | FY2024 | Recycled waste percentage | 74% | 12 |
| 2025-02-25 | FY2024 | Payout ratio | 46% | 12 |
| 2025-02-25 | FY2024 | Own Brand Wood Fiber Certified | 91.6% | 12 |
| 2025-02-25 | FY2024 | Own Brand Tea Certified | 99.5% | 12 |
| 2025-02-25 | FY2024 | Own Brand Primary Plastic Packaging Reusable/Recyclable/Compostable | 33% | 12 |
| 2025-02-25 | FY2024 | Own Brand Primary Plastic Packaging Reduction | 10.3% | 12 |
| 2025-02-25 | FY2024 | Own Brand Primary Plastic Packaging Recycled Content | 15.7% | 12 |
| 2025-02-25 | FY2024 | Own Brand Coffee Certified | 97.4% | 12 |
| 2025-02-25 | FY2024 | Own Brand Cocoa Certified | 96.5% | 12 |
| 2025-02-25 | FY2024 | Underlying Operating Margin | 4.0% | 12 |
| 2025-02-25 | FY2024 | Online Sales 2024 | 9,235 (EUR € million) | 12 |
| 2025-02-25 | FY2024 | Online Sales 2023 | 8,931 (EUR € million) | 12 |
| 2025-02-25 | FY2024 | Non-Recycled Waste % | 26% | 12 |
| 2025-02-25 | FY2024 | Net Investment in Leases | 576 (EUR in millions) | 12 |
| 2025-02-25 | FY2024 | Managers Attended Monthly Leadership Masterclasses | around 200 | 12 |
| 2025-02-25 | FY2024 | Lease Liabilities | 12,253 | 12 |
| 2025-02-25 | FY2024 | Investment Property Fair Value | €826 million | 12 |
| 2025-02-25 | FY2024 | High-Risk Soy Certified | 100% | 12 |
| 2025-02-25 | FY2024 | Dividend per Share | 1.17 | 12 |
| 2025-02-25 | FY2024 | Certified Palm Oil | 96.4% | 12 |
| 2025-02-25 | FY2024 | Carrying Amount Intangible Assets | 13,420 (EUR in millions) | 12 |
| 2025-02-25 | FY2024 | Cage-Free Shell Eggs | 47% | 12 |
| 2025-02-25 | FY2024 | brand names | 3,374 | 12 |
| 2025-02-25 | FY2024 | associates covered by collective labor agreements | 57% | 12 |
| 2025-02-25 | FY2024 | Underlying operating income margin | 4.0% | 12 |
| 2025-02-25 | FY2024 | Underlying EBITDA margin | 7.9% | 12 |
| 2025-02-25 | FY2024 | U.S. online grocery penetration | 7.7% | 12 |
| 2025-02-25 | FY2024 | Total sales area | 9.7 million square meters | 12 |
| 2025-02-25 | FY2024 | Save for Our Customers program | €1,354 million | 12 |
| 2025-02-25 | FY2024 | Save for Our Customers as a percentage of sales | 1.5% | 12 |
| 2025-02-25 | FY2024 | Reduction in food waste | 35% | 12 |
| 2025-02-25 | FY2024 | Reduction in absolute CO2-equivalent emissions (scope 1 and 2) | 36% | 12 |
| 2025-02-25 | FY2024 | Percentage of shell eggs that are cage free | 47% | 12 |
| 2025-02-25 | FY2024 | Percentage of purchase value of own-brand seafood products certified | 96.7% | 12 |
| 2025-02-25 | FY2024 | Percentage of own-brand wood-fiber-based products either certified or classified as low-risk or recycled | 91.6% | 12 |
| 2025-02-25 | FY2024 | Percentage of own-brand products containing tea certified against an accepted standard | 99.5% | 12 |
| 2025-02-25 | FY2024 | Percentage of own-brand products containing palm oil certified against an accepted standard | 96.4% | 12 |
| 2025-02-25 | FY2024 | Percentage of own-brand products containing palm kernel oil certified against an accepted standard | 95.8% | 12 |
| 2025-02-25 | FY2024 | Percentage of own-brand products containing over 5% cocoa certified against an accepted standard | 96.5% | 12 |
| 2025-02-25 | FY2024 | Percentage of own-brand products containing over 1% coffee by weight certified against an accepted standard | 97.4% | 12 |
| 2025-02-25 | FY2024 | Percentage of high-risk soy credits purchased after year end to ensure 100% coverage of high-risk soy | 34.4% | 12 |
| 2025-02-25 | FY2024 | Percentage of high-risk own-brand soy certified or covered by credits | 100% | 12 |
| 2025-02-25 | FY2024 | Percentage of high-risk own-brand soy certified against accepted standards or covered by accepted credits | 65.6% | 12 |
| 2025-02-25 | FY2024 | Own-brand primary virgin plastic product packaging | 144 | 12 |
| 2025-02-25 | FY2024 | Own-brand primary plastic product packaging | 170 | 12 |
| 2025-02-25 | FY2024 | Own-brand plastic product packaging made from recycled content | 27 | 12 |
| 2025-02-25 | FY2024 | Own-brand food sales from healthy products | 52.4% | 12 |
| 2025-02-25 | FY2024 | Operating expenses as a percentage of sales | 24.0% | 12 |
| 2025-02-25 | FY2024 | Operating expenses | 21,453 (EUR million) | 12 |
| 2025-02-25 | FY2024 | Online sales growth | 3.5% | 12 |
| 2025-02-25 | FY2024 | Number of stores | 7,765 | 12 |
| 2025-02-25 | FY2024 | Number of pick-up points | 1,911 | 12 |
| 2025-02-25 | FY2024 | MSCI index rating | AA | 12 |
| 2025-02-25 | FY2024 | Loyalty sales penetration (U.S.) | 79.5% | 12 |
| 2025-02-25 | FY2024 | Loyalty sales penetration (Europe) | 59.2% | 12 |
| 2025-02-25 | FY2024 | Loyalty card holders (U.S.) | 15.5 million | 12 |
| 2025-02-25 | FY2024 | Loyalty card holders (Europe) | 13.3 million | 12 |
| 2025-02-25 | FY2024 | Gross profit margin | 26.6% | 12 |
| 2025-02-25 | FY2024 | Europe online grocery penetration | 6.6% | 12 |
| 2025-02-25 | FY2024 | Effective tax rate | 21.7% | 12 |
| 2025-02-25 | FY2024 | Dividend per common share | €1.17 | 12 |
| 2025-02-25 | FY2024 | Dividend payout ratio | 46% | 12 |
| 2025-02-25 | FY2024 | Comparable sales growth (excluding gasoline sales) | 1.2% | 12 |
| 2025-02-25 | FY2024 | Click-and-collect points in the U.S. | 1,630 | 12 |
| 2025-02-25 | FY2024 | Associate engagement | 78% | 12 |
| 2025-02-25 | FY2024 | AES inclusion score | 81% | 12 |
| 2025-02-25 | FY2024 | % reduction in own-brand primary virgin plastic packaging vs. 2021 baseline | 10.3% | 12 |
| 2025-02-25 | FY2024 | % own-brand primary plastic packaging reusable, recyclable or compostable | 32.7% | 12 |
| 2025-02-25 | FY2024 | % own-brand plastic packaging from recycled content | 15.7% | 12 |
| – | FY2024 | Workplace absenteeism rate | 1.81 | 11 |
| – | FY2024 | Women sub top management (SVP) | 36.5% | 11 |
| – | FY2024 | Women in management | 42% | 11 |
| – | FY2024 | Women executive level (VP) | 37% | 11 |
| – | FY2024 | Women director level | 37% | 11 |
| – | FY2024 | Virgin plastic reduction | 10.3% | 11 |
| – | FY2024 | Total associates | 388,000 | 11 |
| – | FY2024 | Serious injury rate | 0.39 | 11 |
| – | FY2024 | Renewable electricity share | 25.1% | 11 |
| – | FY2024 | Own-brand production sites in high-risk countries audited - stepping stone standard | 17% | 11 |
| – | FY2024 | Own-brand production sites in high-risk countries audited - acceptable standard | 77% | 11 |
| – | FY2024 | Own Brand Primary Plastic Packaging Reusable/Recyclable/Compostable | 33% | 11 |
| – | FY2024 | Own Brand Primary Plastic Packaging Recycled Content | 15.7% | 11 |
| – | FY2024 | Nuclear energy share | 9.1% | 11 |
| – | FY2024 | Fossil energy share | 65.7% | 11 |
| – | FY2024 | Certified wood fiber | 91.6% | 11 |
| – | FY2024 | Certified tea | 99.5% | 11 |
| – | FY2024 | Certified Palm Oil | 96.4% | 11 |
| – | FY2024 | Certified high-risk soy | 100% | 11 |
| – | FY2024 | Certified coffee | 97.4% | 11 |
| – | FY2024 | Certified cocoa | 96.5% | 11 |
| – | FY2024 | Cage-Free Shell Eggs | 47% | 11 |
| – | FY2024 | associates covered by collective labor agreements | 57% | 11 |
| – | FY2024 | associate growth score | 75% | 11 |
| – | FY2024 | Weighted average number of common shares for diluted earnings per share | 933 | 10 |
| – | FY2024 | Weighted average number of common shares for basic earnings per share | 930 | 10 |
| – | FY2024 | Virtual power purchase agreements | –% | 11 |
| – | FY2024 | Supply chain finance arrangements – amounts paid by third-party banks | 1,100 (EUR millions) | 10 |
| – | FY2024 | Supply chain finance arrangements – amounts due | 1,286 (EUR millions) | 10 |
| – | FY2024 | Supplier contracts | 18.1% | 11 |
| – | FY2024 | Spot purchases | 2.8% | 11 |
| – | FY2024 | Restricted cash | €12 million | 10 |
| – | FY2024 | Renewable electricity purchased | 24.7% | 11 |
| – | FY2024 | Refrigerant leakage rate | 13.1% | 11 |
| – | FY2024 | Refrigerant average GWP | 2,341 | 11 |
| – | FY2024 | Purchase commitments | 3.8 billion | 10 |
| – | FY2024 | Power purchase agreements | 1.3% | 11 |
| – | FY2024 | Percentage of shell eggs that are cage free | 47% | 11 |
| – | FY2024 | Percentage of purchase value of own-brand seafood products certified | 96.7% | 11 |
| – | FY2024 | Percentage of own-brand wood-fiber-based products certified, low-risk or recycled | 91.6% | 11 |
| – | FY2024 | Percentage of own-brand products containing tea certified | 99.5% | 11 |
| – | FY2024 | Percentage of own-brand products containing palm oil certified | 96.4% | 11 |
| – | FY2024 | Percentage of own-brand products containing palm kernel oil certified | 95.8% | 11 |
| – | FY2024 | Percentage of own-brand products containing coffee certified | 97.4% | 11 |
| – | FY2024 | Percentage of own-brand products containing cocoa certified | 96.5% | 11 |
| – | FY2024 | Percentage of high-risk soy credits purchased after year end | 34.4% | 11 |
| – | FY2024 | Percentage of high-risk own-brand soy certified or covered by credits | 100% | 11 |
| – | FY2024 | Percentage of high-risk own-brand soy certified against accepted standards or covered by accepted credits | 65.6% | 11 |
| – | FY2024 | Own-brand primary virgin plastic product packaging | 144 | 11 |
| – | FY2024 | Own-brand primary plastic product packaging | 170 | 11 |
| – | FY2024 | Own-brand plastic product packaging made from recycled content | 27 | 11 |
| – | FY2024 | Online sales (prior year) | 8,931 (EUR millions) | 10 |
| – | FY2024 | Online sales | 9,235 (EUR millions) | 10 |
| – | FY2024 | Nuclear electricity purchased | 9.1% | 11 |
| – | FY2024 | Long-term contracts | 2.6% | 11 |
| – | FY2024 | Loan guarantees | 17 (EUR millions) | 10 |
| – | FY2024 | Lease guarantees (undiscounted) | 499 | 10 |
| – | FY2024 | Lease guarantees (discounted) | 379 | 10 |
| – | FY2024 | Investment commitments for property, plant and equipment | 454 (EUR millions) | 10 |
| – | FY2024 | Interest income recognized in 2024 | 221 (EUR millions) | 10 |
| – | FY2024 | Interest expense recognized in 2024 related to variable rates | 24 | 10 |
| – | FY2024 | Fair value of investment property | €826 million | 10 |
| – | FY2024 | Corporate guarantees for Belgium | 91 | 10 |
| – | FY2024 | Corporate and buyback guarantees | 109 | 10 |
| – | FY2024 | Buyback guarantees | 18 | 10 |
| – | FY2024 | AES inclusion score | 81% | 11 |
| – | FY2024 | % reduction in own-brand primary virgin plastic product packaging | 10.3% | 11 |
| – | FY2024 | % primary plastic own-brand product packaging reusable, recyclable or compostable | 32.7% | 11 |
| – | FY2024 | % own-brand plastic packaging from recycled content | 15.7% | 11 |
| 2025-02-12 | 2024-Q4 | Underlying operating margin Q4 | 4.1 % | 7 |
| 2025-02-12 | 2024-Q4 | Underlying operating margin FY | 4.0 % | 7 |
| 2025-02-12 | 2024-Q4 | Underlying EBITDA margin Q4 | 7.9 % | 7 |
| 2025-02-12 | 2024-Q4 | Underlying EBITDA margin FY | 7.9 % | 7 |
| 2025-02-12 | 2024-Q4 | Online sales growth Q4 | 5.8 % | 7 |
| 2025-02-12 | 2024-Q4 | Online sales growth FY | 3.5 % | 7 |
| 2025-02-12 | 2024-Q4 | Net consumer online sales Q4 | 3,426 (EUR € million) | 7 |
| 2025-02-12 | 2024-Q4 | Net consumer online sales FY | 12,123 (EUR € million) | 7 |
| 2025-02-12 | 2024-Q4 | Comparable sales growth excl. gasoline Q4 | 1.4 % | 7 |
| 2025-02-12 | 2024-Q4 | Comparable sales growth excl. gasoline FY | 1.2 % | 7 |
| 2025-02-12 | 2024-Q4 | Gross debt | 20,315 (EUR € million) | 7 |
| 2025-02-12 | 2024-Q4 | Depreciation and amortization | 883 | 7 |
| 2024-11-06 | 2024-Q3 | Underlying operating margin US | 4.2% | 9 |
| 2024-11-06 | 2024-Q3 | Underlying operating margin Group | 3.9% | 9 |
| 2024-11-06 | 2024-Q3 | Underlying operating margin Europe | 3.9% | 9 |
| 2024-11-06 | 2024-Q3 | Online sales growth Group | 5.1% | 9 |
| 2024-11-06 | 2024-Q3 | Net consumer online sales | 2,879 (EUR millions) | 9 |
| 2024-11-06 | 2024-Q3 | Comparable sales excl. gasoline US | 1.2% | 9 |
| 2024-11-06 | 2024-Q3 | Comparable sales excl. gasoline Group | 1.4% | 9 |
| 2024-11-06 | 2024-Q3 | Comparable sales excl. gasoline Europe | 1.6% | 9 |
| 2024-08-07 | 2024-Q2 | Underlying operating margin (United States) | 4.7% | 6 |
| 2024-08-07 | 2024-Q2 | Underlying operating margin (Group) | 4.2% | 6 |
| 2024-08-07 | 2024-Q2 | Underlying operating margin (Europe) | 3.7% | 6 |
| 2024-08-07 | 2024-Q2 | Underlying EBITDA margin (Group) | 8.1% | 6 |
| 2024-08-07 | 2024-Q2 | Online sales growth at constant exchange rates (Group) | 3.4% | 6 |
| 2024-08-07 | 2024-Q2 | Net consumer online sales (Group) | 2,952 (EUR millions) | 6 |
| 2024-08-07 | 2024-Q2 | Comparable sales growth excl. gasoline (United States) | (0.4)% | 6 |
| 2024-08-07 | 2024-Q2 | Comparable sales growth excl. gasoline (Group) | 0.6% | 6 |
| 2024-08-07 | 2024-Q2 | Comparable sales growth excl. gasoline (Europe) | 2.4% | 6 |
| 2024-05-08 | 2024-Q1 | Underlying operating margin | 4.0% | 8 |
| 2024-05-08 | 2024-Q1 | Underlying EBITDA margin | 7.9% | 8 |
| 2024-05-08 | 2024-Q1 | Operating margin | 3.7% | 8 |
| 2024-05-08 | 2024-Q1 | Net consumer online sales growth | (1.0)% | 8 |
| 2024-05-08 | 2024-Q1 | Comparable sales growth excl. gasoline (United States) | 0.8% | 8 |
| 2024-05-08 | 2024-Q1 | Comparable sales growth excl. gasoline (Group) | 1.6% | 8 |
| 2024-05-08 | 2024-Q1 | Comparable sales growth excl. gasoline (Europe) | 2.8% | 8 |
| 2024-02-27 | FY2023 | Virgin plastic reduction target 2025 | 5% | 5 |
| 2024-02-27 | FY2023 | Virgin plastic reduction 2023 | 10.3% | 5 |
| 2024-02-27 | FY2023 | US dollar depreciation against euro | 2.8% | 5 |
| 2024-02-27 | FY2023 | US click-and-collect pick-up points | 1,564 | 5 |
| 2024-02-27 | FY2023 | Unsold food donated % | 25% | 5 |
| 2024-02-27 | FY2023 | Unsold food donated 2023 | 76 thousand tonnes | 5 |
| 2024-02-27 | FY2023 | Underlying operating margin | 4.1% | 5 |
| 2024-02-27 | FY2023 | Underlying operating income margin | 4.1% | 5 |
| 2024-02-27 | FY2023 | Underlying EBITDA margin | 8.0% | 5 |
| 2024-02-27 | FY2023 | Total unsold food 2023 | 302 thousand tonnes | 5 |
| 2024-02-27 | FY2023 | Total sales area | 9.9 million square meters | 5 |
| 2024-02-27 | FY2023 | Total rental income | 162 (EUR millions) | 5 |
| 2024-02-27 | FY2023 | Total cash outflow for leases | (1,891) | 5 |
| 2024-02-27 | FY2023 | Total cash Capex as % of net sales | 2.7% | 5 |
| 2024-02-27 | FY2023 | Suppliers committed to SBi | >50 of top 100 | 5 |
| 2024-02-27 | FY2023 | Stores offering self-scanning solutions | 2,906 | 5 |
| 2024-02-27 | FY2023 | Scope 3 reduction potential lower boundary | 8.8 | 5 |
| 2024-02-27 | FY2023 | Scope 3 flag reduction target 2050 | 72% (or 15.0 MtCO2e) | 5 |
| 2024-02-27 | FY2023 | Scope 3 flag reduction target 2030 | 30.3% (or 4.7 MtCO2e) | 5 |
| 2024-02-27 | FY2023 | Scope 3 energy industrial reduction target 2050 | 90% (or 34.0 MtCO2e) | 5 |
| 2024-02-27 | FY2023 | Scope 3 energy industrial reduction target 2030 | 42.0% (or 12.4 MtCO2e) | 5 |
| 2024-02-27 | FY2023 | Scope 3 emissions reduction 2020 baseline | 29.5 MtCO2e (E&I), 15.5 MtCO2e (FLAG) | 5 |
| 2024-02-27 | FY2023 | Scope 1 and 2 CO2 emissions reduction | 35% | 5 |
| 2024-02-27 | FY2023 | Scope 1+2 net zero target | 90% reduction and 10% removals | 5 |
| 2024-02-27 | FY2023 | Scope 1+2 emissions reduction target 2030 | 50% | 5 |
| 2024-02-27 | FY2023 | Scope 1+2 emissions reduction target 2025 | >38% | 5 |
| 2024-02-27 | FY2023 | SBTi approved Scope 1+2 target | 50% reduction by 2030 | 5 |
| 2024-02-27 | FY2023 | Save for our customers savings | €1.3bn | 5 |
| 2024-02-27 | FY2023 | Reusable recyclable compostable target 2025 | 100% | 5 |
| 2024-02-27 | FY2023 | Reusable recyclable compostable plastic 2023 | 28% | 5 |
| 2024-02-27 | FY2023 | Renewable electricity percentage 2023 | 40% | 5 |
| 2024-02-27 | FY2023 | Renewable electricity percentage 2022 | 24% | 5 |
| 2024-02-27 | FY2023 | Recycled content target 2025 | 25% | 5 |
| 2024-02-27 | FY2023 | Purchase commitments | 3.2 billion | 5 |
| 2024-02-27 | FY2023 | Primary virgin plastic reduction in own brand packaging | 10.3% | 5 |
| 2024-02-27 | FY2023 | Pick-up points | 1,833 | 5 |
| 2024-02-27 | FY2023 | Own brand plastic packaging 2023 | 169 thousand tonnes | 5 |
| 2024-02-27 | FY2023 | Own brand food waste reduction | 37% | 5 |
| 2024-02-27 | FY2023 | Own brand food sales from healthy products | 54.8% | 5 |
| 2024-02-27 | FY2023 | Organic growth net sales excl. gasoline | 4.1% | 5 |
| 2024-02-27 | FY2023 | organic growth net sales | 3.8% | 5 |
| 2024-02-27 | FY2023 | online net sales growth | 5.9% | 5 |
| 2024-02-27 | FY2023 | number of stores | 7,716 | 5 |
| 2024-02-27 | FY2023 | net zero target date | 2050 | 5 |
| 2024-02-27 | FY2023 | net sales from markets with number 1 or 2 position | 96% | 5 |
| 2024-02-27 | FY2023 | net sales | €89 billion | 5 |
| 2024-02-27 | FY2023 | net debt to EBITDA | 2.0x | 5 |
| 2024-02-27 | FY2023 | Net consumer online sales growth | 4.8% | 5 |
| 2024-02-27 | FY2023 | monthly active mobile app users | 18.1 mln | 5 |
| 2024-02-27 | FY2023 | loan guarantees | 6 (EUR millions) | 5 |
| 2024-02-27 | FY2023 | liquidity position | 2,733 | 5 |
| 2024-02-27 | FY2023 | lease guarantees | 626 | 5 |
| 2024-02-27 | FY2023 | investment commitments property plant equipment | 412 (EUR millions) | 5 |
| 2024-02-27 | FY2023 | interest income on net investment in leases | 13 (EUR millions) | 5 |
| 2024-02-27 | FY2023 | inclusive workplace score | 81% | 5 |
| 2024-02-27 | FY2023 | green bond issuance | €500 million | 5 |
| 2024-02-27 | FY2023 | free cash flow | €2.4 billion | 5 |
| 2024-02-27 | FY2023 | food wasted 2023 | 225 thousand tonnes | 5 |
| 2024-02-27 | FY2023 | food waste reduction target 2030 | 50% | 5 |
| 2024-02-27 | FY2023 | food waste reduction target 2025 | >40% | 5 |
| 2024-02-27 | FY2023 | food waste reduction | 3.17 t/€ million | 5 |
| 2024-02-27 | FY2023 | Food waste disposed percentage | 17% | 5 |
| 2024-02-27 | FY2023 | Food recycled percentage | 57% | 5 |
| 2024-02-27 | FY2023 | European own brand everyday low price SKUs | 6,972 | 5 |
| 2024-02-27 | FY2023 | Electricity prices US 2023 | €168/Mwh | 5 |
| 2024-02-27 | FY2023 | Electricity prices Netherlands Belgium 2023 | €98/Mwh | 5 |
| 2024-02-27 | FY2023 | Electricity from green sources | 52% | 5 |
| 2024-02-27 | FY2023 | Dividend per Share | 1.10 | 5 |
| 2024-02-27 | FY2023 | Dividend per common share | €1.10 | 5 |
| 2024-02-27 | FY2023 | Dividend payout ratio | 43% | 5 |
| 2024-02-27 | FY2023 | Corporate and buyback guarantees | 35 | 5 |
| 2024-02-27 | FY2023 | Comparable sales growth excluding gasoline | 3.9% | 5 |
| 2024-02-27 | FY2023 | Comparable sales growth | 3.9% | 5 |
| 2024-02-27 | FY2023 | CO2 equivalent emissions reduction | 2,679 kt | 5 |
| 2024-02-27 | FY2023 | Bol GMV sales from third-party sellers growth | 5.4% | 5 |
| 2024-02-27 | FY2023 | Bol GMV growth | 4.9% | 5 |
| 2024-02-27 | FY2023 | Bol GMV | €5.75 billion | 5 |
| 2024-02-27 | FY2023 | Average increase of monthly active users year over year | 18% | 5 |
| 2024-02-27 | FY2023 | associate growth score | 75% | 5 |
| 2024-02-27 | FY2023 | Associate engagement score | 78% | 5 |
| 2024-02-27 | FY2023 | Pay ratio CFO | 3 | 5 |
| 2024-02-27 | FY2023 | Pay ratio CEO Ahold Delhaize USA | 71 | 5 |
| 2024-02-27 | FY2023 | Pay ratio CEO Ahold Delhaize Europe and Indonesia | 58 | 5 |
| 2024-02-27 | FY2023 | Pay ratio CEO | 112 | 5 |
| 2024-02-27 | FY2023 | Online sales | 9,015 (EUR millions) | 5 |
| 2024-02-27 | FY2023 | Inclusive workplace score | 81% | 5 |
| 2024-02-27 | FY2023 | Healthy own-brand food sales | 54.8% | 5 |
| 2024-02-27 | FY2023 | Food waste reduction | 37% | 5 |
| 2024-02-27 | FY2023 | Associate growth score | 75% | 5 |
| 2024-02-27 | FY2023 | Associate engagement score | 78% | 5 |
| 2024-02-14 | 2023-Q4 | Underlying operating margin US | 5.2% | 3 |
| 2024-02-14 | 2023-Q4 | Underlying operating margin Group | 4.3% | 3 |
| 2024-02-14 | 2023-Q4 | Underlying operating margin Europe | 3.7% | 3 |
| 2024-02-14 | 2023-Q4 | Net consumer online sales growth | 2.6% | 3 |
| 2024-02-14 | 2023-Q4 | Full year underlying operating margin US | 4.7% | 3 |
| 2024-02-14 | 2023-Q4 | Full year underlying operating margin group | 4.1% | 3 |
| 2024-02-14 | 2023-Q4 | Full year underlying operating margin Europe | 3.3% | 3 |
| 2024-02-14 | 2023-Q4 | Full year comparable sales growth excl. gasoline US | 2.3% | 3 |
| 2024-02-14 | 2023-Q4 | Full year comparable sales growth excl. gasoline group | 3.9% | 3 |
| 2024-02-14 | 2023-Q4 | Full year comparable sales growth excl. gasoline Europe | 6.5% | 3 |
| 2024-02-14 | 2023-Q4 | Comparable sales growth excl. gasoline US | -1.0% | 3 |
| 2024-02-14 | 2023-Q4 | Comparable sales growth excl. gasoline group | 1.8% | 3 |
| 2024-02-14 | 2023-Q4 | Comparable sales growth excl. gasoline Europe | 6.5% | 3 |
| 2024-02-14 | 2023-Q4 | Other online sales | 7.4 % | 3 |
| 2024-02-14 | 2023-Q4 | Online sales in grocery | (2.2) % | 3 |
| 2024-02-14 | 2023-Q4 | Online sales | 1.2 % | 3 |
| 2024-02-14 | 2023-Q4 | Comparable sales (ex gas, weather and calendar) | 2.1 % | 3 |
| 2024-02-14 | 2023-Q4 | Comparable sales (ex gas) | 1.8 % | 3 |
| 2024-02-14 | 2023-Q4 | Comparable sales | 1.7 % | 3 |
| 2023-11-08 | 2023-Q3 | Underlying operating margin US | 4.2% | 1 |
| 2023-11-08 | 2023-Q3 | Underlying operating margin Group | 3.8% | 1 |
| 2023-11-08 | 2023-Q3 | Underlying operating margin Europe | 3.5% | 1 |
| 2023-11-08 | 2023-Q3 | Online sales growth | 6.4% | 1 |
| 2023-11-08 | 2023-Q3 | Online grocery growth | 5.3% | 1 |
| 2023-11-08 | 2023-Q3 | Net consumer online sales growth | 6.4% | 1 |
| 2023-11-08 | 2023-Q3 | Comparable sales growth excl. gasoline US | 0.9% | 1 |
| 2023-11-08 | 2023-Q3 | Comparable sales growth excl. gasoline group | 3.1% | 1 |
| 2023-11-08 | 2023-Q3 | Comparable sales growth excl. gasoline Europe | 7.0% | 1 |
| 2023-11-08 | 2023-Q3 | bol third-party sales pct | 62% | 1 |
| 2023-11-08 | 2023-Q3 | Bol GMV growth | 6.5% | 1 |
| 2023-11-08 | 2023-Q3 | Bol GMV | €1.3 billion | 1 |
| 2023-08-09 | 2023-Q2 | Underlying operating margin | 4.1 % | 2 |
| 2023-08-09 | 2023-Q2 | Underlying EBITDA margin | 8.0 % | 2 |
| 2023-08-09 | 2023-Q2 | Third-party sellers share of bol.com sales | 66 % | 2 |
| 2023-08-09 | 2023-Q2 | Third-party sellers GMV growth at bol.com | 13.3 % | 2 |
| 2023-08-09 | 2023-Q2 | Net consumer online sales growth | 9.3 % | 2 |
| 2023-08-09 | 2023-Q2 | GMV growth at bol.com | 10.5 % | 2 |
| 2023-08-09 | 2023-Q2 | GMV at bol.com | €1.4 billion | 2 |
| 2023-08-09 | 2023-Q2 | Comparable sales growth excl. gasoline | 4.6 % | 2 |
| 2023-08-09 | 2023-Q2 | Albert Heijn premium subscribers | 800,000 | 2 |
| 2023-05-10 | 2023-Q1 | Underlying operating margin | 4.0% | 4 |
| 2023-05-10 | 2023-Q1 | Underlying EBITDA margin | 8.0% | 4 |
| 2023-05-10 | 2023-Q1 | Comparable sales growth excluding gasoline | 6.2% | 4 |
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Guidance Tracking (latest per metric/period · 9/20)#
All management forecasts (guidance) and their later outcome. Types: fiscal-year targets as well as quarterly/half-year targets; per metric and period the most recent statement applies, older versions can be expanded. The status is checked automatically against the actuals reported later: open (period still running), met, beaten, missed. For ranges (“X to Y”) reaching the range counts. Logged neutrally, no estimate of our own, no assessment.
Actuals: EPS in € per share · ratios in %
| For period | Guided on | Metric | Guided | Actual | Verdict | Direction | Source |
|---|---|---|---|---|---|---|---|
| FY2026 | 2026-08-05 | EPS (GAAP) | mid- to high-single-digit growth at constant exchange rates | – | pending | confirmed | 19 |
| FY2026 | 2026-02-11 | Capex | 2,700 | – | pending | confirmed | 19 |
| FY2026 | 2026-02-11 | Operating margin | 4% | – | pending | confirmed | 19 |
| FY2026 | 2026-02-11 | Free cash flow | 2,300 | – | pending | confirmed | 19 |
| FY2025 | 2025-11-05 | EPS (GAAP) | mid- to high-single-digit growth | 2.5 | – | confirmed | 16 |
| FY2025 | 2025-02-25 | Share buyback | 1,000 | – | – | initiated | 12 |
| FY2025 | 2025-02-12 | Capex | 2,700 | 2,564 | miss | confirmed | 16 |
| FY2025 | 2025-02-12 | Operating margin | 4% | 3.8 | miss | confirmed | 16 |
| FY2025 | 2025-02-12 | Free cash flow | 2,200 | – | – | confirmed | 16 |
| FY2024 | 2025-02-25 ° | Dividend payout ratio | 40–50% | – | – | confirmed | 12 |
| FY2024 | 2025-02-25 ° | Share buyback | 1,000 | – | – | confirmed | 12 |
| FY2024 | 2024-05-08 | EPS (GAAP) | around 2023 levels | 1.89 | – | confirmed | 6 |
| FY2024 | 2024-02-14 | Capex | 2,200 | 2,299 | beat | confirmed | 6 |
| FY2024 | 2024-02-14 | Operating margin | 4% | 3.1 | miss | confirmed | 6 |
| FY2024 | 2024-02-14 | Free cash flow | 2,300 | – | – | confirmed | 6 |
| 2024-Q3 | 2024-08-07 | Pre-tax expense | 160–210 | – | – | initiated | 6 |
| FY2023 | 2024-02-27 ° | free cash flow | 2,400 | – | – | confirmed | 5 |
| FY2023 | 2023-11-08 | EPS (GAAP) | Slightly below 2022 levels | 1.94 | – | cut | 1 |
| FY2023 | 2023-11-08 | Capex | 2,400 | 2,434 | beat | confirmed | 1 |
| FY2023 | 2023-05-10 | Operating margin | 4% | 3.2 | miss | confirmed | 1 |
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Development#
A condensed summary per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. Most recent period first, grouped by year; each text is written from the original report of that period, superscript numbers lead to the source.
FY2026
Ahold Delhaize reported net sales of €22,275 million in Q1 2026 and €23,165 million in Q2 2026, with comparable sales growth of approximately 2.0% at constant exchange rates in both quarters 18 19. The underlying operating margin held near the full-year target, reaching 4.0% in Q1 before edging down to 3.9% in Q2, with the decline attributed to higher energy costs and price investments rather than structural deterioration 18 19. U.S. online sales posted double-digit growth for the eighth and ninth consecutive quarters in Q1 and Q2 respectively, contributing to group online sales growth of 8.3% and 8.6% at constant rates 18 19. Delhaize completed the acquisition of Delfood in Q1, adding over 300 convenience stores to the European segment, and in Q2 the group secured a strategic option to purchase a distribution center in Burlington, North Carolina under a 20-year lease agreement valued at approximately USD 1 billion 18 19. Management reiterated full-year 2026 guidance for underlying operating margin around 4%, mid- to high-single-digit diluted EPS growth, and free cash flow of at least €2.3 billion following both quarterly results 18 19.
FY2025
Full-year 2025 net sales reached €92,352 million, up 3.4% on a reported basis and 5.9% at constant exchange rates, with the Profi acquisition (completed January 3, 2025) contributing €2,867 million to the total 20 14. Operating income increased to €3,542 million from €2,784 million in 2024, and net income rose 28.3% to €2,264 million, lifting diluted EPS to €2.50 from €1.89 20. The underlying operating margin held at approximately 4.0% for the full year in line with guidance, while free cash flow of €2.6 billion exceeded the guidance floor of at least €2.2 billion 14. Online sales grew 13.3% at constant exchange rates to €10,274 million for the full year, and e-commerce profitability was achieved on a fully allocated basis in H1 2025 14. A €1 billion share buyback was completed December 5, 2025, and a new €1 billion program commenced December 29, 2025, alongside a full-year dividend of €1.24 per share, up 6.0% 20.
FY2024
Ahold Delhaize reported FY 2024 net sales of €89,356 million, an increase of 0.7% (0.9% at constant exchange rates) from €88,734 million in 2023, with comparable sales growth excluding gasoline of 1.2% 12. Operating income declined to €2,784 million from €2,846 million in 2023 and net income fell 5.9% to €1,764 million from €1,874 million, while underlying operating income remained broadly stable and the underlying operating margin held at 4.0% 10 12. Free cash flow of €2.5 billion exceeded the full-year guidance of approximately €2.3 billion, and cash and cash equivalents grew to €6,169 million at year-end from €3,484 million at end of 2023 7 10. Portfolio reshaping during 2024 included completion of the Delhaize Belgium conversion of all 128 integrated stores to an affiliated model, closure of 32 underperforming Stop & Shop stores, and launch of the refreshed Growing Together strategy 10 12. The acquisition of Romanian omnichannel retailer Profi Rom Food SRL, expected to add approximately €3 billion in net sales to the Europe segment, closed on January 3, 2025 7.
FY2023
Ahold Delhaize's FY 2023 net sales grew 1.9% to €88,649 million, driven by comparable sales growth and inflation, partially offset by lower gasoline sales and unfavorable foreign exchange translation effects 5. The underlying operating margin declined 0.2 percentage points to 4.1%, reflecting higher operational and administrative expenses from inflation and labor disruptions at Delhaize Belgium 5. Net income decreased 26.4% to €1,874 million, reflecting impairment charges on FreshDirect assets and store assets related to the Delhaize Belgium transformation, as well as restructuring charges 5. Free cash flow of €2.4 billion was achieved at the higher end of the raised guidance range of €2.2–2.4 billion, supported by favorable operating cash flow and improved working capital management 3. During the year, Ahold Delhaize advanced the Delhaize Belgium transformation with 89 stores signed for conversion to an affiliate model, completed the divestiture of FreshDirect to Getir, and announced the planned acquisition of Romanian grocery retailer Profi for approximately €1.3 billion enterprise value 3 5.
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Sources: official investor relations documents#
All original documents used, with type (e.g. quarterly, half-year, annual report), publication date and a direct link to the filing (EDINET/SEC/IR). Every superscript number in the report points to an entry in this list; so every figure can be traced back to its place in the original.
20 documents · 2023 – 2026 · IR
| # | Document type | Published | Link |
|---|---|---|---|
| #10 | IR-Annual | – | Open |
| #11 | IR-Annual | – | Open |
| #17 | IR-Annual | – | Open |
| #20 / #148 | IR-Annual | – | Open |
| #4 / #108 | IR-Quarter | 2023-05-10 | Open |
| #2 / #106 | IR-Quarter | 2023-08-09 | Open |
| #1 / #101 | IR-Quarter | 2023-11-08 | Open |
| #3 / #107 | IR-Quarter | 2024-02-14 | Open |
| #5 / #112 | IR-Annual | 2024-02-27 | Open |
| #8 / #123 | IR-Quarter | 2024-05-08 | Open |
| #6 / #118 | IR-Quarter | 2024-08-07 | Open |
| #9 / #124 | IR-Quarter | 2024-11-06 | Open |
| #7 / #121 | IR-Quarter | 2025-02-12 | Open |
| #12 / #130 | IR-Annual | 2025-02-25 | Open |
| #13 / #133 | IR-Quarter | 2025-05-07 | Open |
| #15 / #137 | IR-Quarter | 2025-08-06 | Open |
| #16 / #139 | IR-Quarter | 2025-11-05 | Open |
| #14 / #135 | IR-Quarter | 2026-02-11 | Open |
| #18 / #146 | IR-Quarter | 2026-05-06 | Open |
| #19 / #147 | IR-Quarter | 2026-08-05 | Open |
FAQ#
Is there a management forecast (guidance) for FY2026?
Yes. Management has issued targets for FY2026, including EPS (GAAP). The guidance tracking chapter shows all targets and checks them against the actuals reported later; neutral, with no estimate of our own.
Does Koninklijke Ahold Delhaize N.V. pay a dividend?
The filings report on the dividend; most recent entry: dividend per share 1.17 (FY2024) (as reported, no assessment of our own). Details with source links are in the report chapters.
Where can I find the official investor relations documents of Koninklijke Ahold Delhaize N.V.?
The sources chapter links all 37 original filings used (IR documents) with type, publication date and a direct link; every figure in the report carries a source number.
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