Business

Further revenue growth expected for parent company Albert Heijn

Photo: ANP

Supermarket group Ahold Delhaize is expected to achieve higher turnover last year compared to 2020. In that year, the company also saw a sharp rise in revenue as a result of corona. According to analysts’ estimates, Ahold Delhaize will have closed the year with a turnover of 75.3 billion euros. In 2020 that was still 74.7 billion euros.

Supermarkets saw revenues rise due to the corona crisis. This is partly because certain sectors such as the catering industry were closed for a while or were only allowed to open for a limited time. As a result, consumers shopped more at supermarkets.

In the trade update for the third quarter of last year, Ahold Delhaize already noticed that a turnaround was underway. Also because economies opened more often. But that was mainly in Europe and to a lesser extent in the United States.

It is possible that the company will provide further details about the upcoming IPO of its subsidiary bol.com. Ahold Delhaize announced in November that it wanted to bring the online store to the stock exchange.



Further revenue growth expected for parent company Albert Heijn
Source link Further revenue growth expected for parent company Albert Heijn

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