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Ahold Delhaize reported a strong Q2 2022, with net sales reaching €21.4 billion, up 15.0% at actual rates and 6.4% at constant exchange rates. The company expects mid-single-digit growth in underlying EPS for 2022, raising its forecast from a prior expected decline. The free cash flow guidance has also been increased to approximately €2.0 billion. Despite facing inflation and rising costs, the Save For Our Customers program is projected to deliver over €850 million in savings. The company has decided to suspend its intention to sub-IPO bol.com due to market conditions.
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