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Ahold Delhaize Postpones IPO for Dutch Online Unit Bol.com

  • Dutch grocer remains confident in online unit’s future growth
  • Company raises forecast despite grappling surging inflation
Bol.com App As Royal Ahold Delhaize NV Considers IPO for Dutch Online Unit
Photographer: Hollie Adams/Bloomberg
Updated on

Royal Ahold Delhaize NV raised its forecast for the year as it weathered soaring inflation, but pulled plans to publicly list its Dutch e-commerce unit Bol.com due to volatile equity market conditions.

The Stop & Shop owner said it now expects underlying earnings per share to grow at a mid-single-digit rate this fiscal year relative to 2021 as customers continue to head to its stores despite rising prices. It previously only expected to match 2021 growth levels. Ahold also raised its free cash flow guidance and said it still expects its adjusted operating margin to be at least 4% this year.