Ahold Delhaize Posts Strong Sales Numbers In 4Q And Full-Year 2016

Ahold Delhaize reported consolidated net sales jumped 54.5 percent to €15.1 billion in the fourth quarter of 2016, compared with the same quarter in the previous year. Corresponding pro forma net sales were at €15.5 billion. Net sales grew 2.8 percent on a pro forma basis, at constant exchange rates and adjusted for week 53 in 2015, the company said. For the full year 2016, pro forma net sales rose 3.4 percent to €62.3 billion.