Ahold Delhaize shares pre-merger Q2, half-year results for both companies

ZAANDAM, the Netherlands — Ahold Delhaize on Thursday shared Ahold’s Q2 and half-year report for the period ended July 24, including Delhaize Group’s Q2 and half-year results for the period ended June 30 as an appendix. 

 

“We have started our new chapter as Ahold Delhaize with good momentum, with these two strong sets of pre-merger results,” Ahold Delhaize CEO Dick Boer said. “Building on our solid financial foundation, common values and great local brands, we are driving ahead with full energy to deliver even more for customers and communities, associates and shareholders.”

 

Ahold overall saw a 3% growth in net sales, bringing in about 8.9 billion euros for the quarter and 19.9 billion euros for the half year — a 3.7% increase over its half-year 2015 sales. The company’s net income was up 7.2% to 209 million euros for the quarter and up 10.3% to 406 million euros for the half year. Ahold USA had net sales fo 5.5 billion for the quarter and 12.8 billion euros for the half year, increases of 2.4% and 3.3$, respectively. United States comparable sales growth excluding gasoline was 1.4% for the quarter and 1.2% for the half year. 

 

“In the United States, we saw sales trends improving, with volume growth in a deflationary environment,” Boer said. “The program to improve our customer proposition resulted in an increased market share.”

 

Delhaize Group saw total net sales of 6.3 billion euros for the quarter and $4.6 billion in U.S. net sales.  For the half year, the company saw 12.4 billion euros for the whole company and $9 billion in U.S. sales.  

 

“With 3.9% real growth during this quarter, Delhaize America continued to experience good sales momentum both at Food Lion and at Hannaford, while inflation remained negative,” Delhaize group president and CEO Frans Muller said. 

 

“We look forward to continuing to shape Ahold Delhaize, with a strong commitment to delivering great food, value and innovations for customers across our 11 markets, both in stores and online,” Boer said.