February 28, 2018 / 6:20 AM / 3 months ago

BRIEF-Koninklijke Ahold Delhaize Reports

Feb 28 (Reuters) - Koninklijke Ahold Delhaize Nv:

* REG-AHOLD DELHAIZE: AHOLD DELHAIZE REPORTS A STRONG FOURTH QUARTER WITH FURTHER MARGIN EXPANSION AND RAISES DIVIDEND FOR 2017 TO €0.63, UP 10.5%

* Q4 PRO FORMA INCOME FROM CONTINUING OPERATIONS EUR 744 MILLION VERSUS EUR 365 MILLION IN REUTERS POLL

* Q4 PRO FORMA UNDERLYING OPERATING INCOME EUR 631 MILLION VERSUS EUR 630 MILLION IN REUTERS POLL

* STRONG FREE CASH FLOW OF EUR 903 MILLION, UP EUR 47 MILLION, EUR 1.9 BILLION FREE CASH FLOW FOR 2017, UP 40%

* Q4 PRO FORMA UNDERLYING OPERATING MARGIN UP 0.1% POINT

* MAKING GOOD PROGRESS DEPLOYING OUR BETTER TOGETHER STRATEGY: SYNERGY DELIVERY IS AHEAD OF SCHEDULE, WITH €268 MILLION NET SYNERGIES REALIZED FOR THE YEAR. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below