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Ahold Delhaize reports solid Q1 results with an accelerated two-year comparable sales growth .
Ahold DelhaizeMay 12, 2021 GMT
In Q1, the COVID-19 pandemic continued to impact the local communities and brands of Ahold Delhaize, resulting in approximately €150 million spent to support customers, associates and communities with COVID-19 relief care.
On a two-year comparable sales growth basis , comparable sales excluding gas in the U.S. increased 15.5% and in Europe were up 18.1% in Q1 2021, a sequential acceleration versus growth in Q4 2020 of 13.5% and 13.9%, respectively.
Net sales were €18.3 billion, up 5.8% in Q1 at constant exchange rates.
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In Q1, the COVID-19 pandemic continued to impact the local communities and brands of Ahold Delhaize, resulting in approximately €150 million spent to support customers, associates and communities with COVID-19 relief care.
On a two-year comparable sales growth basis , comparable sales excluding gas in the U.S. increased 15.5% and in Europe were up 18.1% in Q1 2021, a sequential acceleration versus growth in Q4 2020 of 13.5% and 13.9%, respectively.
Net sales were €18.3 billion, up 5.8% in Q1 at constant exchange rates.
In the U.S. and Europe, comparable sales excluding gas grew 1.7% and 8.3% in Q1, respectively.
Net consumer online sales sequentially accelerated to 103.3% in Q1 at constant exchange rates, including U.S. growth of 188.3% and 78.6% growth in Europe.
Lithuanian
The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Consolidated Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, for the three months’ period ended 31 March 2021.
First quarter of 2021:
- Total revenue amounted to EUR 99.7 million, an increase by 8.2 per cent over the revenue of EUR 92.1 million for the first quarter of 2020.
- EBITDA was EUR 34.8 million, an increase by 6.1 per cent over EBITDA of EUR 32.8 million a year ago.
- Adjusted EBITDA (excluding non-recurring items) amounted to EUR 34 million and was 2.9 per cent higher than adjusted EBITDA of EUR 33 million during the first three months of 2020.
Sustainable Brand Index studies how and for what reasons the public values various brands.
The latest Sustainable Brand Index study was conducted in several stages from November 2020 until January of this year and also in February.
The study is conducted across eight European countries: Sweden, Norway, Denmark, Finland, the Netherlands, Estonia, Latvia and Lithuania.
During the study, more than 60,000 respondents were surveyed, and in Lithuania every brand was evaluated by at least 800 selected respondents.
The study revealed that the perception of respondents on Ignitis’ brand sustainability is improving.
Compared to last year, the evaluation index of Ignitis as a socially responsible brand caring for the environment improved from 58% to 63%.