Netherlands-based grocery retail company Ahold Delhaize has announced a new growth and investment plan, which build on its ‘Leading Together’ strategy, at its recent Investor Day.

The plan focuses on four priorities intended to help the company drive more customer value over the next four years.

As part of this plan, Ahold Delhaize will increase its investments in digital, online, data, automation and omnichannel capabilities.

It also aims to enter deeper digital relationships to better serve customers, foster a more healthy and sustainable food retail system and develop a customer ecosystem using its portfolio.

By investing in digital propositions, the company expects accelerated sales growth between 2023 and 2025 and aims to add €10bn ($11.4bn) in incremental sales by 2025.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

It also expects to double its net consumer online sales by 2025.

Ahold Delhaize chief financial officer Natalie Knight said: “To support these plans, the company will increase investment levels from 3% to 3.5% a year to fuel growth.

“We will continue to be the best operator in the industry, underlined by our world-class operating margins.

“As part of our planning toward 2025, we are committing to even more ambitious Save for Our Customers targets: around €4bn by 2025.

“We will also use our knowledge and experience to make e-commerce profitable by 2025, and I am pleased to announce a planned €1bn share buyback for next year.”

Ahold Delhaize has also announced plans to conduct a subsidiary initial public offering (sub-IPO) for Dutch online retailer bol.com in the second half of next year.

Proceeds from the sub-IPO will be used to facilitate growth and provide additional funding for Ahold Delhaize.

Bol.com is expected to generate €5.5bn from net consumer online sales this year.

In August, Ahold Delhaize reported group net sales of €18.6bn for the second quarter (Q2) of the fiscal year 2021 (FY21).