Dutch grocery giant Royal Ahold NV revealed Q1 sales of €22.2bn (US$20.2bn) yesterday (Tuesday), up 22% year on year.
The growth was slightly up on analysts’ expectations, which had placed Ahold’s anticipated revenue at between €21.5bn and €21.9bn.
The company added that its sales growth before acquisitions was 5.4%, and that its operations in the US saw sales increase 16% for the Q1 period, to US$7.9bn.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now
