Q3 2025 Koninklijke Ahold Delhaize NV Earnings Call Transcript

Nov 6, 2025 / 09:00 AM GMT

Transcript

Key Points

Positve

Koninklijke Ahold Delhaize NV (ADRNY) reported a net sales growth of 6.1% to €22.5 billion, reflecting strong momentum across regions.
The company's US operations achieved a robust underlying operating margin of 4.6%, driven by higher sales leverage and strategic pricing.
Online grocery sales saw significant growth, with a 15.4% increase in the US and 11.9% in Europe, marking the sixth consecutive quarter of double-digit online growth.
The company is expanding its footprint with new store openings and remodels, particularly in growth markets like the US East Coast, which is experiencing population and GDP growth.
Koninklijke Ahold Delhaize NV (ADRNY) is committed to sustainability and community support, with initiatives like the Healthy Future Academy and partnerships with food banks to provide meals to those in need.

Negative

The cessation of tobacco sales in Belgium and the closure of Stop and Shop stores negatively impacted net sales growth by 0.7 percentage points.
The European market faces challenges due to rising inflation and policy-driven factors, such as VAT increases in Romania, affecting sales growth.
The Serbian government's decree on grocery industry pricing has led to lower profitability levels in the region.
The integration of PROFI in Europe has been slower than anticipated, delaying expected synergies and impacting margins.
The company faces competitive pressures in the online retail space, particularly in the Netherlands, where Amazon has announced new investments.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

AD.AS - Koninklijke Ahold Delhaize NV
Q3 2025 Koninklijke Ahold Delhaize NV Earnings Call
Nov 06, 2025 / 09:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good morning and welcome to the analyst conference call on the 3rd quarter, 2025 results of our dalhez. Please note this call is being webcast and recorded. During this call, Ajo Dalhaz anticipates making projections and forward-looking statements. All statements. Other than statements of historical facts may be forward-looking statements. Forward-looking statements are subject to risks, uncertainties, and other factors that are difficult to predict and that may cause our actual results to differ materially from future results expressed or implied by such forward-looking statements.

Therefore you should not place undue reliance on any of these forward-looking statements. The introduction

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