Ahold Delhaize: Q2 earnings up 15%

(CercleFinance.com) - Ahold Delhaize has published Q2 2018 net profit which is up 15.
3% at 410 million euros (+20% at constant exchange rates), with its underlying margin up 0.1% at 4%.

At 15.5 billion euros, the Belgo-Dutch food retailer's sales - which has a big presence in the US - increased by 0.9% at constant exchange rates (+2.4% excluding a calendar effect relating to Easter).

"Free cash flow was E693 million (up 293 million euros, particularly thanks to higher net working cash), confirming our target of about E1.9 billion for 2018," CEO Frans Muller also underlined.


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