Company Earnings Update 4 minutesRegister for Free AccessAhold Delhaize (AD) 3Q16 RESULTS: CORE SALES UP, BUT EARNINGS MISS ESTIMATES ON US WEAKNESS Coresight Research November 18, 2016 Executive Summary Ahold Delhaize reported 3Q16 pro forma revenues of €14,546 million, up 2.6% from €14,176 million in 3Q15, narrowly beating the consensus estimate of €14,516.98 million. The underlying EBITDA margin grew by 8 basis points and the underlying operating margin increased by 6bps. Underlying EPS fell 3.7% to €0.26, missing the consensus estimate of €0.28. Synergies from the merger between Ahold and Delhaize earlier in 2016, new store openings and investments in price and cost efficiencies drove volume growth across all regions, but was slightly offset by a deflationary environment in the US. Ahold Delhaize expects price pressure from the deflationary environment in the US to continue at its current levels. The company expects the pro forma underlying operating margin to be in line with the current year-to-date level of 3.6%. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: China Consumer Tracker: Understanding Luxury ShoppersWeekly US and UK Store Openings and Closures Tracker 2023, Week 39: UK Closures Up 39%Weinswig’s Weekly: A Year in Review and Future OpportunitiesInnovator Profile: Guac Uses AI To Predict Grocery Sales and Reduce Food Waste