Koninklijke Ahold Delhaize NV logo

Koninklijke Ahold Delhaize NV

4
XAMS:AD (Netherlands)  
€ 28.00 (+0.43%) Apr 26
14.51
P/B:
1.80
Market Cap:
€ 26.43B ($ 28.29B)
Enterprise V:
€ 40.45B ($ 43.30B)
Volume:
1.84M
Avg Vol (2M):
2.10M
Also Trade In:

Business Description

Description
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming one of the largest grocers in the U.S. and a top player in many parts of Europe. The U.S. is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The U.S. store network stretches from Maine to Georgia and includes such banners as Stop & Shop, Giant Carlisle, Giant Landover, Food Lion, Hannaford, and Peapod. The Netherlands, Belgium, and Central and Southeastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in these countries.