Ahold, Delhaize 4Q financials improve

Ahold, Delhaize 4Q financials improve

Pending merger partners Ahold and Delhaize Group on Thursday separately reported improved financial performance in the U.S., each citing previously disclosed sales improvements.

Ahold reported net profit of around $276 million (U.S.) in the fourth quarter, a 16% increase driven by a 21% increase in total revenues. Delhaize reported a quarterly profit of around $125 million (U.S.), following a loss in the same period

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