Ahold Delhaize publishes 2022 Annual Report and issues convocation for 2023 Annual General Meeting of shareholders
March 01 2023 - 2:30AM
Zaandam, The Netherlands, March 1, 2023 – Ahold Delhaize today
publishes its 2022 Annual Report, an integrated report that
provides an overview of the Company’s financial and ESG performance
in 2022. Reflecting the fact that Ahold Delhaize is a family of
great local brands serving millions of customers every day, the
theme of this annual report is 'Local matters'. Our brands
understand the unique needs of their local communities and
customers, and by leveraging the scale and efficiency of a global
company, they can offer them best-in-class digital solutions and
make sustainable and healthy food accessible to everyone. The
report will be on the agenda of the Annual General Meeting of
Shareholders (AGM), which will be held on April 12,
2023.
Frans Muller, CEO of Ahold Delhaize, said: “2022 was a
challenging year, that has put a strain on associates and on the
communities – particularly as a result of the war in Ukraine. I’m
grateful and proud of the people across our brands who have
provided comfort, food and work to those affected and those fleeing
the violence. We also saw the impact on people’s mental well-being
– which was already under pressure after two difficult years of the
COVID-19 pandemic. Our brands worked hard to support associates,
continuing to invest in mental health and overall
well-being.
In response to these circumstances, the brands remained laser
focused on keeping grocery prices as low as possible and make
healthy food options accessible to everyone by investing in
high-quality own-brand products, expanding the range of price-entry
products, and offer more personalized discounts through their
loyalty programs. We have doubled down on our Save For Our
Customers cost savings program that reached a record level of €979
million in 2022. In addition, our brands made significant donations
to local communities, adding up to a total value of €218 million in
cash and monetary value of food and products.
We have made substantial progress in our Leading Together
strategy and within our growth drivers of e-commerce and
digitalization, health and sustainability, cultivating talent, and
operational excellence. One example is the significant increase in
our interim scope 3 CO2 emissions reduction target to 37% by 2030,
in line with the UN goal of keeping global warming below 1.5°C.
This not only demonstrates our commitment to our considerable
sustainability ambitions, but also our aspiration to play a leading
role in driving sustainability across the food retail sector and
our value chain.
By investing in our future and in the interests of all of our
company's stakeholders, including employees and shareholders, we
will continue to be able to take care of customers throughout the
local communities our brands serve, even in these difficult
times."
Looking forward
Looking forward to 2023, Ahold Delhaize expects challenging
macro-economic conditions to continue. The company remains focused
on its omnichannel customer experience to enable customers to shop
whenever and wherever they want, and continue to provide affordable
and healthy food options. In addition, the company will increase
its Capex investments to 2.5 billion euros. This will include
investments in digital and online capabilities as well as in
initiatives that serve our healthy and sustainable
targets.
Ahold Delhaize’s 2022 Annual Report will be on the agenda of the
Annual General Meeting of Shareholders (AGM), which will be held on
April 12, 2023. The convocation, the agenda (including explanatory
notes), and other relevant documentation for the AGM are available
here.
The 2022 Annual Report is available here.
-- ENDS --
Cautionary notice
This communication includes forward-looking statements. All
statements other than statements of historical facts may be
forward-looking statements. Words and expressions such as provides,
offer, will, continu(e)/(ing), progress, strategy, in line,
commitment, ambitions, aspiration, looking forward, expects,
remains or other similar words or expressions are typically used to
identify forward-looking statements.
Forward-looking statements are subject to risks, uncertainties
and other factors that are difficult to predict and that may cause
actual results of Koninklijke Ahold Delhaize N.V. (the “Company”)
to differ materially from future results expressed or implied by
such forward-looking statements. Such factors include, but are not
limited to, the risk factors set forth in the Company’s public
filings and other disclosures. Forward-looking statements reflect
the current views of the Company’s management and assumptions based
on information currently available to the Company’s management.
Forward-looking statements speak only as of the date they are made
and the Company does not assume any obligation to update such
statements, except as required by law.
For more information
- Press office: +31 88 6595134 /
media.relations@aholddelhaize.com
- Investor relations: +31 88 659 5213 /
investor.relations@aholddelhaize.com
- Social media: Instagram: @Ahold-Delhaize | LinkedIn:
@Ahold-Delhaize | Twitter: @AholdDelhaize
About Ahold Delhaize
Ahold Delhaize is one of the world’s largest food retail groups
and a leader in both supermarkets and e-commerce. Its family of
great local brands serves 60 million customers each week, both in
stores and online, in the United States, Europe and Indonesia.
Together, these brands employ more than 414,000 associates in 7,659
grocery and specialty stores and include the top online retailer in
the Benelux and the leading online grocers in the Benelux and the
United States. Ahold Delhaize brands are at the forefront of
sustainable retailing, sourcing responsibly, supporting local
communities and helping customers make healthier choices. The
company’s focus on four growth drivers – drive omnichannel growth,
elevate healthy and sustainable, cultivate best talent and
strengthen operational excellence – is helping to fulfil its
purpose, achieve its vision and prepare its brands and businesses
for tomorrow. Headquartered in Zaandam, the Netherlands, Ahold
Delhaize is listed on the Euronext Amsterdam and Brussels stock
exchanges (ticker: AD) and its American Depositary Receipts are
traded on the over-the-counter market in the U.S. and quoted on the
OTCQX International marketplace (ticker: ADRNY). For more
information, please visit: www.aholddelhaize.com.
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