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Ahold Delhaize Annual Report 2016
20I61
2015'
48,776
26,350
million
Net sales overview adjusted for week 53 in 2015
23,732
0.5%
0.0%
0.7%
million
12,699
3.2%
4.1%
4.1%
12,436
5.3%
5.3%
100.3%
98.4%
32.7%
32.3%
2 For the definition of comparable sales (excluding gas) see non-GAAP measures at the end of this section.
1 Excluding gasoline sales, net sales in 2016 increased 33.7% at constant exchange rates and adjusted for week 53 in 2015.
Net sales excluding gasoline increased in 2016 by €11,666 million, or 31.4% compared to 2015.
At constant exchanges rates, net sales excluding gasoline increased in 2016 by €11,537 million,
or 31.0% compared to 2015. Compared to 2015 sales adjusted for week 53 and at constant
exchange rates, net sales excluding gasoline increased in 2016 by €12,290 million, or 33.7%.
This increase was primarily driven by the merger with the Delhaize Group, which added
€11,001 million of sales.
Gasoline sales decreased in 2016 by €174 million or 15.9%, or at constant exchange rates
decreased 16.1%. Adjusted for week 53 in 2015, and at constant exchange rates, gasoline sales
decreased 14.5%, mainly due to a decrease in gasoline prices.
1 For the former Ahold segments, including the operating segment within Central and Southeastern Europe, the number of
weeks included for 2016 is 52 weeks (2015: 53 weeks). Net sales from former Delhaize segments are included as of July 24, 2016.
Ahold Delhaize continued to see strong sales growth in its online businesses, which operate in
maturing eCommerce markets mainly in the United States and the Netherlands and offered
expanded or new sales categories and extended service delivery areas during the year.
Ahold Delhaize’s online businesses contributed €1,991 million, or 4.0%, to Ahold Delhaize’s net
sales in 2016 (2015: €1,646 million or 4.3%).
In addition to the merger, sales growth was driven by new store openings (€836 million), which
includes the full-year impact of the acquisition of 25 A&P stores at Ahold USA in Q4 of 2015 and
the full-year impact of the conversion of 17 stores transferred from Jumbo in the Netherlands
during 2015. In addition, Ahold Delhaize saw an increase of €631 million in comparable sales.
This was driven by sales growth at our online businesses (eCommerce), strong growth reported
in the Central and Southeastern Europe (CSE) segment and Albert Heijn’s sales momentum, with
an increased number of transactions and a higher average purchase amount per visit in the
Netherlands. Our brands in the United States grew comparable sales despite the deflationary
environment. Sales growth was partly offset by closed stores.
96.7%
30.1%
0.4%
1.7%
Belgium
Central and Southeastern Europe
Total1
0.1%
1.3%
20'
38,203
1,093
37,110
26,377
7,746
3,485
49,695
million
Net sales
Of which gasoline sales
Net sales excluding gasoline
Ahold USA
Delhaize America
The Netherlands
20i
49,695
919
Ahold USA
Delhaize America
The Netherlands
Sales
growth
0.1%
Comparable
sales growth2
0.0%
1,740
37,443
Change
versus prior
year at
constant
exchange
rates
11,360
(177)
11,537
23,845
7,065
13,101
2,199
1,772
38,203
Comparable
sales growth
ex gas2
0.7%
change
25%
million
Ahold USA
Delhaize America
2016
(52 weeks)
23,845
7,065
13,101
2,199
3,485
49,695
Change
versus prior
year
11,492
(174)
11,666
2015
(52 weeks)
23,267
change
at constant
exchange rates
change
at constant
exchange
rates
29.6%
(16.1)%
31.0%
change
30.1%
(15.9)%
31.4%
1 For the former Ahold segments, including the operating segment within Central and Southeastern Europe, the number of
weeks included for 2016 is 52 weeks (2015: 53 weeks). Net sales from former Delhaize segments are included as of July 24, 2016.
Net sales
Net sales in the financial year ended January 1, 2017, were €49,695 million, an increase of
€11,492 million or 30.1%, compared to net sales of €38,203 million for the financial year ended
January 3, 2016. At constant exchange rates, net sales were up by €11,360 million or 29.6%.
Belgium
Central and Southeastern
Europe
Total
