Ahold Delhaize shares rise after strong Q4 results

Koninklijke Ahold Delhaize

11/02/2026 09:00

** Dutch retailer Ahold Delhaize AD.AS shares are up 7.5%, top of Amsterdam's blue chip index .AEX, driven by a strong Q4 2025 beating consensus expectations

** The company reported an underlying operating income of 994 million euros ($1.18 billion) for the quarter, beating the 918 million euros company-compiled consensus

** KBC Securities says the earnings are supported by a very strong U.S. margin, "reflecting the success of price investment which are resulting in share gains"

** Degroof Petercam notes broad outperformance in all metrics, including flat full-year operating margin of 4%, with significant contributions from online and pharmacy sales

** Shares are on track for a best day since February 2023, when it closed 8.0% higher

($1 = 0.8393 euros)

 (Reporting by Lucie Barbier)

 ((Email: lucie.barbier@thomsonreuters.com))