Ahold shares move up after Q3 beat, new buyback

Koninklijke Ahold Delhaize

05/11/2025 09:17

** Shares in Ahold Delhaize AD.AS are up around 2% after the supermarket group posted third-quarter core profit beat and announced a new 1 billion euro buyback

** Quarterly underlying operating income was 933 million euros ($1.09 billion), above an estimate of 866 million in company-compiled consensus

** "The strong underlying EBIT performance was predominantly driven by a very strong margin improvement of 40bps to 4.6% in the US," analysts at KBC Securities say

** They add that while the company was partially helped by one-off impact, the U.S. business would have still come ahead of expectations even without this effect

** Up to the previous session's close, shares were up 13%​ YTD

($1 = 0.8575 euros)

 (Reporting by Mateusz Rabiega)

 ((Mateusz.rabiega@thomsonreuters.com))