Company Earnings Update 4 minutesRegister for Free AccessAhold Delhaize (ENXTAM: AD) 4Q and FY16 Trading Update: Strong Sales in the Netherlands Boost Group Performance Coresight Research January 20, 2017 Executive Summary Ahold Delhaize reported FY16 revenues of €62,331 million, up 3.4% from FY15 at constant currency (+3.7% in reported currency) and slightly below the consensus estimate of €62,419 million. Segment-wise, the Netherlands performed the best, with sales growing 5.3% in FY16. Ahold USA’s sales grew 2.5% and Delhaize America’s were up 1.9%, at constant currency. Sales in Central and Southeastern Europe (CSE) rose 8.8% at constant currency and sales in Belgium grew by 1.7%. Ahold Delhaize confirmed its guidance for the pro forma underlying operating margin to be “broadly in line” with its performance of 3.6% in the first three quarters of FY16 and slightly ahead of last year; and for free cash flow (including the FY impact of Delhaize Group) to be about €1.3 billion. 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: Innovator Profile: IN BOLD PRINT. Drives Sustainability in Retail Through Carbon TrackingConsumers Remain Reluctant to Visit Public Places: China Consumer Survey InsightsWeinswig’s Weekly: Pioneer the Future of Retail at NextGen Commerce, a Coresight Research AI ConferenceChina Consumer Tracker: Understanding Luxury Shoppers