Ahold-Delhaize Reports on Q4 FY2020

02/19/2021

For the quarter, group sales attained $23.72 billion with an 11.0 percent comparable sales growth (excluding fuel) contributing to operating income of $19 million.  The U.S. segment of the company posted sales of $13.82 billion with an operating loss of $504 million and a growth in comparable same-store sales of 11.2 percent.  The E.U. segment posted sales of $9.89 billion with an operating income of $582 million and a 10.6 percent growth in comparable same-store sales growth.

 

In commenting on results, Frans Muller, president and CEO stated, "in 2020, the effects of COVID-19 and social unrest deeply impacted the communities we serve and created unprecedented challenges for the Ahold Delhaize brands".  He added, "we are pleased with the underlying Q4 performance in both the U.S. and Europe.  Our leading local omnichannel platform generated nearly a 130 percent net consumer online sales growth in the U.S. and close to 75 percent growth in Europe during the quarter".










































































































































































































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