Thursday, March 15, 2018

Ahold Delhaize Pleased With Strong 4Q, Synergy Efforts

The Shelby Report

With overall sales up 1.6 percent and the integration of Ahold and Delhaize completed, Ahold Delhaize reported a strong 2017 fourth quarter and further plans for 2018 announced by Dick Boer, CEO of Ahold Delhaize.

“2017 was the first full year at Ahold Delhaize, one in which we substantially completed the integration,” Boer said. “We delivered synergies ahead of schedule and continued to show underlying operating margin expansion with stable or increasing market shares in our major markets.”. . . more