Koninklijke Ahold Delhaize N.v. · EURONEXT:AD
Koninklijke Ahold Delhaize — Ahold Delhaize — Q3 2026 Earnings Presentation
29 slides from Koninklijke Ahold Delhaize's earnings presentation, Nov 4, 2026
Slide 1: Q3 2026 results
Q3 2026 results November 4, 2026
Slide 2: Cautionary notice
cautionary notice This communication includes forward-looking statements. All statements other than environmental liabilities associated with the properties that the Company owns or statements of historical facts may be forward-looking statements. Forward-looking leases; competitive labor markets, c
Slide 3: Welcome
New picture needed Q3 2026 welcome 3 Ahold Delhaize – Q3 2026
Slide 4: Speakers
speakers Frans Jolanda JP Muller Poots-Bijl O’Meara President & Chief Executive Officer Chief Financial Officer SVP Investor Relations 4 Ahold Delhaize – Q3 2026
Slide 5: Ahold Delhaize reports resilient Q3 2026 results and updates 2026 outlook
• Through our family of great local brands, we remain closely connected to the needs of customers and communities. Disciplined Ahold Delhaize investments in value, quality and convenience are strengthening our competitive positions and enabling us to continue to gain market share. This balanced appr
Slide 6: Quarterly performance
New picture needed Q3 2026 quarterly performance Frans Muller 6 Ahold Delhaize – Q3 2026
Slide 7: Update on the cyber security incident
update on the cyber security incident 7 Ahold Delhaize – Q3 2026
Slide 8: Enhancing our customer value propositions
enhancing our customer leveraging our own value propositions brand offering driving omnichannel expanding our market growth positions 8 Ahold Delhaize – Q3 2026
Slide 9: Offering value through affordability, quality, convenience and choice
offering value through affordability, quality, convenience and choice 9 Ahold Delhaize – Q3 2026
Slide 10: Leveraging our strong own brand proposition
+50bps YTD leveraging our strong own brand food sales own brand proposition penetration to drive loyalty and support healthier choices 10 Ahold Delhaize – Q3 2026
Slide 11: Innovating for growth through our omnichannel offering
innovating for growth through our omnichannel offering 11 Ahold Delhaize – Q3 2026
Slide 12: Strengthening our store networks and market positions
strengthening our store networks and market positions 12 Ahold Delhaize – Q3 2026
Slide 13: Reinforcing our leading position in Czechia and establishing ourselves in Slovakia
reinforcing our leading position in Czechia and establishing ourselves as a significant player in Slovakia Acquiring 100% of the Czechia and Slovakia business from Tesco 298 182 total stores total stores Prague Enterprise value of ~€1.7 billion1 Ostrava Žilina (EV/LTM EBITDA of ~7.2x, or ~5.0x incl
Slide 14: Help customers enjoy the moments that matter
help customers enjoy the moments that matter 14 Ahold Delhaize – Q3 2026
Slide 15: Q3 2026 financial highlights
Q3 2026 financial highlights Jolanda Poots-Bijl 15 Ahold Delhaize – Q3 2026
Slide 16: Financial impact of cybersecurity incident
latest estimate on Q4 impact financial impact of cybersecurity €200-250M €75-100M incident net sales impact UOP impact in addition marginal impact on 2026 IFRS operating income due to response and remediation costs 16 16 Ahold Delhaize – Q3 2026
Slide 17: Third quarter results 2026
comparable sales growth excl. gas +1.2% U.S. +0.5% EU +2.1% third net sales €23.1bn online sales quarter vs LY constant rates +1.9% €2.6bn results underlying vs LY constant rates operating +8.2% income1 2026 €946m vs LY constant rates underlying results +0.4% underlying operating margin1 4.1% underl
Slide 18: Third quarter results 2026
diluted EPS from net sales continuing operations €23.1bn €0.72 vs LY actual rates vs LY actual rates +2.6% +10.6% third online sales quarter €2.7bn results vs LY actual rates operating income +9.0% 2026 €976m vs LY actual rates operating margin €30m higher than underlying IFRS-reported results 4.2%
Slide 19: Comparable sales growth trends by region
comparable sales growth trends by region Actuals excluding gas Ex weather/calendar/other1 Ex. Gas Q3 group comparable sales U.S. Q2 Europe Q2 growth excl. gas +0.5% +2.1% +1.2% 3.4% 3.1% 2.9% 2.9% 2.8% 2.9% 2.7% 2.6% 2.7% 2.4% 2.1% 2.0% 1.8% 1.6% 1.7% 1.8% 1.5% 1.0% 0.8% 0.5% Q3 2025 Q4 2025 Q1 2026
Slide 20: US Q3 2026 highlights
US Q3 2026 highlights net sales gaining volume own brand €13.3bn and market share introducing new products such as Nature’s Promise sourdough breads and +1.1% vs LY Taste of Inspirations at constant rates by offering the best quality & value charcuterie meats online sales growth ADUSA online 14.2% g
Slide 21: EU&I Q3 2026 highlights
EU&I Q3 2026 highlights net sales driving resilient Delhaize €9.8bn performance is investing 120 million euro in its own logistics operations to +3.1% vs. LY accommodate future at constant rates by carefully balancing savings and growth investments online sales growth bol Albert Heijn 3.1% launched
Slide 22: Using technology, data and AI as powerful drivers of productivity
using technology, data and AI as powerful drivers mechanization of productivity improving productivity by 20% increasing output capacity by 10% scaling what works 22 Ahold Delhaize – Q3 2026
Slide 23: Q3 and Q3 YTD free cash flow bridge
Q3 free cash Includes majority of the impact of new supplier payment regulations in Serbia flow bridge 122 12 FCF Q3 2026 vs Last Year (in €m) -1 -5 29 445 389 -89 -13 FCF Changes in Other operating Dividends from Income Net Net Lease Net interest FCF Q3 2025 working capital cash flow joint ventures
Slide 24: Updated outlook 2026
around €2.7 billion gross capital expenditures around €2.1 billion at least free cash flow €1.25 billion updated save for our customers low single outlook digit growth 2026 underlying EPS1 underlying operating margin 2026 is a 53-week calendar year 1. Based on constant rates approaching 4% 2. Manage
Slide 25: Ahold Delhaize – Q3 2026
25 Ahold Delhaize – Q3 2026
Slide 26: Q&A
Q&A 26 Ahold Delhaize – Q3 2026
Slide 27: Thank you
thank you Ahold 27 Delhaize - Q2 2024
Slide 28: Calendar
Q3 2026 calendar 28 Ahold Delhaize – Q3 2026
Slide 29: Corporate calendar
corporate calendar rolling 12 months Q4 Q1 Q2 Q3 2026 2027 2027 2027 November 4 February 17 April 14 August 11 Results Q3 2026 Results Q4 & FY 2026 Annual General Meeting of Results Q2 2027 Shareholders March 3 May 12 Annual Report 2026 publication Results Q1 2027 29 Ahold Delhaize – Q3 2026