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Ahold Delhaize has announced the convocation of its Annual General Meeting of Shareholders (AGM), scheduled for April 13, 2022. The agenda includes the 2021 Annual Report, which shareholders can access through a provided link. The company emphasizes its commitment to transparency, offering relevant documentation for review.
The press release also includes a cautionary notice regarding forward-looking statements, highlighting potential risks and uncertainties that may affect future outcomes.
Ahold Delhaize released its 2021 Annual Report showcasing a solid financial and ESG performance amid ongoing COVID-19 challenges. The report will be presented at the Annual General Meeting on April 13, 2022. CEO Frans Muller praised the dedication of associates while noting consumers' shift to cooking at home and online shopping. The company has revised its net-zero carbon emissions target to 2040 and aims for 55% healthy own-brand food sales by 2025. The report highlights investments in digital transformation and infrastructure for sustained growth.
Ahold Delhaize has nominated Pauline van der Meer Mohr for appointment to its Supervisory Board, with a proposal to be made at the Annual General Meeting on April 13, 2022. Mohr, a Dutch national with extensive experience in governance, is currently a chair at several organizations including EY Netherlands. She succeeds Mary Anne Citrino, who will step down after serving on the board since 2016. Chair Peter Agnefjäll praised Mohr's experience in law and HR as vital for the company’s ongoing strategy.
Ahold Delhaize reported Q4 2021 net sales of €20.1 billion, a 0.1% increase at constant exchange rates. Comparable sales growth in the U.S. was 16.0%, while Europe saw 11.6%. Full-year net sales reached €75.6 billion, up 3.3%. Online sales grew 38.2% for 2021. Q4 diluted EPS increased by 7.6% to €0.59. The company plans to pay a dividend of €0.95, a 5.6% increase. Looking ahead, 2022 expects underlying EPS to decline by low- to mid-single digits, with free cash flow projected at €1.7 billion. Ahold Delhaize maintains a positive outlook amid ongoing challenges.
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