Ahold Delhaize Q1 sales up 1.5%, driven by ecommerce
Ahold Delhaize reported positive sales growth in Q1 2019 for the period ended 31 March 2019. Consolidated net sales increased by 1.5% to EUR15.9 billion, compared with EUR14.9 billion in the previous year. Online sales grew 20.7% to EUR761 million from EUR631 million last year.
Netherlands net sales increased 3.5% year-over-year (y-o-y) to EUR3.5 billion. Online sales grew 20.2% y-o-y to EUR522 million, versus EUR434 million in Q1 2018. Comparable sales increased by 2.9% y-o-y.
Belgium net sales declined 2.2% to EUR1.22 billion, compared with EUR1.25 billion in the previous year. Online sales rose 14.7% to EUR14 million, versus EUR12 million in Q1 2018. Comparable sales declined 2.3% y-o-y.