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Retailer Ahold posts strong Q4, boosted by online sales -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – The Ahold Delhaize logo can be seen in the headquarters of Ahold Delhaize, Zaandam (Netherlands), August 23, 2018. REUTERS/Eva Plvier

AMSTERDAM, (Reuters) – Ahold Delhaize reported Wednesday a strong quarter in the core U.S. markets and European markets. The COVID-19 pandemic prompted robust online sales.

In the third quarter of 2021, net sales were at 20.1 million euros (or $22.8 billion), as compared to 19.8 billion predicted in an 18-analyst poll.

In the same period, underlying operating income reached 838 million Euros, which was 820 million more than expected.

($1=0.8804 euros)

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