In the latest quarter, Ahold Delhaize, reported a revenue increase of 7% to €23.3 billion compared to the same period last year. However, profit margins were slightly lower. The company’s American supermarkets, which include Stop & Shop and Food Lion, saw significant price reductions, leading to increased sales but reduced profit margins. The net profit for the quarter was €554 million, with the average profit margin in the U.S. market at 4.4%, down from 4.6% last year.
Despite economic uncertainties, Ahold Delhaize remains attractive to shareholders, with its stock price on the AEX index rising by 15% since the beginning of the year. In Europe, the company managed to achieve slightly higher profits per product, despite lengthy price negotiations with brand suppliers.