Flash ReportDelhaize (DEG) FY15 Results: Profitability Improves Ahead of Merger with Ahold Coresight Research May 3, 2016 Executive Summary Delhaize reported FY15 EPS of €3.54, an increase of 306.8% from FY14 but below consensus of €4.37. The company reported that revenue increased by 14.2%, to €24.4 billion, just below the consensus estimate. Underlying EBIT increased by 14.4%, to €872.0 million, above the consensus estimate of €854.0 million, while net income increased by 312.5%, to €366.0 million, below consensus of €432.6 million. Delhaize’s revenue in FY15 was lifted by positive comps in all geographies in which the company operates and by store network expansion. For FY16, the company’s top priority is to complete its merger with Ahold. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Store Tracker Extra: US Store Openings and Closures 2024 Review and 2025 Outlook—InfographicSentiment Hits Four-Month Low as Higher-Income Confidence Weakens; Plus, Mass Merchandisers and Warehouse Clubs in Focus: US Consumer Survey InsightsEarnings Insights 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter GrowthKering and L’Oréal Announce €4 Billion Strategic Partnership—Multibrand Luxury and Beauty Firms Playing To Their Strengths
