Food retailer Ahold Delhaize has reported third-quarter (Q3) 2025 net sales of €22.5bn ($25.89bn), up 6.1% at constant exchange rates.
The growth was mainly driven by its acquisition of Profi and higher online sales.
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The retailer posted an underlying operating margin of 4.1%, up 0.3 percentage points at constant rates.
International financial reporting standards operating income increased to €902m from €583m, while diluted underlying earnings per share rose 8.7% year-on-year to €0.67.
Online sales increased 12.2% at constant rates, which the company partly attributed to double-digit growth in online grocery.
In the US, net sales totalled €12.9bn, up 1.9% at constant exchange rates, with comparable sales excluding gasoline rising 2.9%.
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By GlobalDataThe US underlying operating margin improved by 0.4 percentage points to 4.6%.
In Europe, net sales stood at €9.6bn, up 12.4% at constant rates, with an underlying operating margin of 3.9%.
The company reaffirmed its 2025 outlook, expecting an underlying operating margin of around 4%, free cash flow of at least €2.2bn, and gross capital expenditures of €2.7bn.
It also announced plans for a €1bn share buyback programme from early 2026.
Ahold Delhaize president and CEO Frans Muller stated: “The capabilities we have cultivated within our organisation provide us with the expertise and resilience to succeed in complex and dynamic environments.
“We are also sharpening our portfolio through remodels and enriching our omnichannel experiences to drive convenience and reach.
“As 2025 draws to a close, I am proud of our progress and, more importantly, that we have sustained and strengthened brand equity and leading market positions across the portfolio.
“Over the next months, our priority is to deliver a strong holiday experience for our customers, prioritising value, healthy assortments, convenience and everything they need to create their own special and unique holiday moments.”
In October 2025, Ahold Delhaize USA (ADUSA) announced plans to build a new distribution centre in Burlington, North Carolina. The centre is due to start operations in 2029.
The $860m project will be undertaken by ADUSA’s distribution and transportation subsidiaries, ADUSA Distribution and ADUSA Transportation.
