Delhaize Group

Strong momentum, limited upside

Delhaize (Neutral, from BUY, TP EUR105 from EUR95) We downgrade Delhaize from BUY to Neutral following the company’s strong preliminary […]

Strong momentum continues

Delhaize (Neutral, TP EUR95) Delhaize released preliminary Q2 results with revenues up 2.8% to EUR6.28bn and 4.3% ex forex […]

Ahold (Neutral) and Delhaize (Buy) 

Exploring potential combination Ahold and Delhaize today confirmed preliminary talks to explore the opportunity of combining the two entities. Given […]

Better signals in Belgium

Delhaize (BUY, TP EUR95) Group sales rose sharply by 15.8% to EUR5.82bn (consensus EUR5.77bn) spurred by a positive […]

Strong underlying results

Delhaize (BUY, TP EUR86)  (click for file with full financials) Full-year results in line: Group sales rose 3.7% to […]

US growth accelerates

Delhaize (BUY, TP EUR77) In Q4 group sales increased 6.4% to EUR 5.79bn above our expectations of EUR 5.46bn. […]

US growth on track

Delhaize (BUY, TP EUR60)  We reiterate our BUY on Delhaize and raise our target price to EUR64 after the group […]