By Jaime Llinares Taboada
Koninklijke Ahold Delhaize NV said Monday that it will aim to grow sales by 10 billion euro ($11.44 billion) by 2025, and will launch a EUR1 billion share-buyback program at the beginning of 2022.
As part of its investor day presentation, the Dutch grocer provided a set of targets for 2025. It will seek to maintain industry-leading margins whilst doubling online sales and delivering high single-digit annual underlying earnings-per-share growth.
In the shorter term, Ahold Delhaize also plans to buy back EUR1 billion of shares in 2022. Moreover, the company expects 2022 sales to grow despite macroeconomic headwinds, with an operating margin of at least 4.0%.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
"share" - Google News
November 15, 2021 at 02:16PM
https://ift.tt/3wKBxns
Ahold Delhaize Announces EUR1B Share Buyback Program to Start at Beginning of 2022 - MarketWatch
"share" - Google News
https://ift.tt/2VXQsKd
https://ift.tt/3d2Wjnc
Bagikan Berita Ini
0 Response to "Ahold Delhaize Announces EUR1B Share Buyback Program to Start at Beginning of 2022 - MarketWatch"
Post a Comment