Ahold Delhaize N.V. : Apart from the confusion on FCF, yet another very decent quarter
>US reported a tad below our estimates, but still at above-par - Although the positive momentum (for example, for market shares) continued, net sales and underlying operating profit came in slightly below our forecasts for the US operations in Q2 2023. The miss is not worrying, in our view, and the division continues to operate with strong (increasing) market shares and an industry-high EBIT margin. When looking at reported EBIT, we conclude that one-off costs of € 4...Koninklijke Ahold Delhaize is an international group of supermarket and foodservice operators based in Europe and the U.S. Co. operates supermarkets and convenience stores. In addition, Co. provides online food retailing services. Co. also finances, develops and manages store sites and shopping centers. Ahold Europe comprises Albert Heijn in the Netherlands and Belgium; Etos, Gall & Gall, and albert.nl in the Netherlands; and Albert / Hypernova in the Czech Republic and Slovakia. Ahold USA is organized into four retail divisions: Giant Carlisle, Giant Landover, Stop & Shop New England, and Stop & Shop New York Metro. The Peapod online business is also part of Ahold USA.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.