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Supermarket group Ahold Delhaize booked €22.4 billion turnover, €696 mil. profit in Q3

Supermarket group Ahold Delhaize made more profit on a higher turnover in the third quarter of the year. In Europe, the company saw growth return despite a difficult comparison base with a year earlier when the company performed excellently. For the full year, Ahold Delhaize expects double-digit profit growth, up from previous expectations of 4 to 6 percent. The group …

Bol.com IPO definitively shelved for the time being, says parent Ahold Delhaize

Online retailer Bol.com’s IPO will not happen this year as planned. Parent company Ahold Delhaize decided to shelve its plans to sub-IPO Bol.com until “market conditions are more conducive,” the company said when announcing its quarterly figures on Wednesday. “Considering current equity market conditions, we have decided that the second half of 2022 is no longer the right time to …

Delhaize Online

In the last quarter of 2020, the online electronics store Bol.com saw a 69.9 percent sales increase. For the upcoming year, Ahold Delhaize expects sales for Bol.com to grow by a further 30 percent, totaling five billion euros by the end of 2021. When stores first closed during the third quarter of 2020, Bol.com saw a 45.6 percent sales increase …

Delhaize

Cash was king on Friday morning at hundreds of stores in the Netherlands and Belgium with a debit card outage affecting shops owned by parent company Ahold Delhaize. The national disruption meant customers could not pay for goods using their ATM cards at Albert Heijn supermarkets, Albert Heijn To Go, Etos and Gall & Gall. As a result, you temporarily …

Albert Heijn's parent company Ahold Delhaize books sales up 16% in Q2

Supermarket group Ahold Delhaize, the parent company of Albert Heijn and online retailer Bol.com, booked net profit of €693m in the second quarter of 2020, double last year’s figure. At the same time, the company said Q2 costs were up by €260m, because of logistics and safety issues introduced to cope with coronavirus. Most growth, however, was generated in the …

Five of the Netherlands’ biggest companies have clubbed together to pay for new professors in Artificial Intelligence, following reports earlier this year that universities are going to limit the number of places because of staff shortages. Ahold Delhaize, Philips, KLM, ING and Dutch railway group NS will pay towards the salaries of at least 25 new academics as part of …