Koninklijke Ahold Delhaize NV (ADR) (PK:ADRNY)
Business Focus: Food Retail & Distribution
| Sector: Consumer Non-Cyclicals | Industry: Food Retail & Distribution |
| Company Contact | |
| Address: | Provincialeweg 11 ZAANDAM 1506 MA |
| Tel: | N/A |
| Website: | https://www.aholddelhaize.com |
| IR: | See website |
| Key People | ||
| Peter Agnefjaell Independent Chairman of the Supervisory Board | Linn Evans Chief Legal Officer, Member of the Executive Committee | Frans Willem Henn Muller Chairman of the Management Board, President, Chief Executive Officer, Member of the Executive Committee |
| Bill McEwan Independent Vice Chairman of the Supervisory Board | Jolanda Poots-Bijl Chief Financial Officer, Member of the Management Board, Member of the Executive Committee | Natalia Wallenberg Chief Human Resource Officer, Member of the Executive Committee |
| Ben Wishart Global Chief Information Officer, Member of the Executive Committee | J. J. Fleeman Chief Executive Officer of Ahold Delhaize USA, Member of the Management Board | Wouter Kolk Chief Executive Officer of Europe and Indonesia, Member of the Management Board and Executive Committee | Jan Ernst de Groot Chief Legal Officer and Chief Sustainability Officer, Member of the Executive Committee |
| Business Overview |
| Koninklijke Ahold Delhaize N.V., formerly Koninklijke Ahold N.V., is engaged in the operation of retail stores in Europe and the United States. The Company's segments are Ahold USA, Delhaize America, The Netherlands, Belgium, and Central and Southeastern Europe (CSE). In addition, Other retail, consists of Ahold Delhaize's unconsolidated joint ventures JMR - Gestao de Empresas de Retalho, SGPS, S.A. (JMR) and P.T. Lion Super Indo, LLC (Super Indo), and Ahold Delhaize's Global Support Office. JMR operates food retail stores in Portugal under the brand name Pingo Doce. The Company's Ahold USA segment includes Stop & Shop New England, Stop & Shop New York Metro, Giant Landover, Giant Carlisle and Peapod. The Company's Delhaize America segment includes brands, such as Food Lion and Hannaford. The Food Lion brand's market areas include Delaware, Georgia, Maryland, Pennsylvania, Tennessee, West Virginia, Kentucky, North Carolina, South Carolina and Virginia. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Koninklijke Ahold Delhaize NV (ADR) revenues increased 2% to EUR88.65B. Net income decreased 26% to EUR1.87B. Revenues reflect Europe segment increase of 7% to EUR34.11B, Netherlands segment increase of 8% to EUR18.7B, Rest of the world segment increase of 6% to EUR15.42B, Comp Store Sales (%) - Europe increase from 2.9 to 6.5%, Retail Sales - C & SE Europe Owned increase of 6% to EUR21.4B. |
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