Ahold Delhaize: targets set for 2025-28
(CercleFinance.com) - Ahold Delhaize announces the launch of its 'Growing Together' strategy, with ambitions for 2025-28, including outperforming the traditional grocery market with average annual net sales growth of 4%.
The Belgian-Dutch food retailer also aims to maintain an industry-leading underlying operating margin of 4% on average, and to increase underlying EPS to an average annual rate in the high single-digit range compared with 2024.
FCF generation (after tax) of E9bn should enable the company to make annual share buy-backs of E1bn, and increase its dividend per share on an annual basis within its target payout corridor.
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