Ahold Delhaize publishes 2016 pro forma key historical data restated for the new financial calendar of four equal quarters of...
13 April 2017 - 8:00AM
Zaandam, the
Netherlands, April 13, 2017 - Ahold Delhaize today published
revised pro forma combined financial information for 2016, restated
for the implementation of a new financial reporting calendar
following the merger between Ahold and Delhaize Group which was
completed on July 23, 2016.
Commencing with 2017 Ahold Delhaize
will use a reporting calendar comprised of four equal quarters of
13 weeks.
This publication updates the quarterly
2016 pro forma information as published on October 6, 2016,
November 17, 2016 and March 1, 2017 to present the quarterly
breakdown of the 2016 results in line with the new quarterly
calendar. This includes a restatement of the Ahold / Ahold Delhaize
historical quarters to four equal quarters of 13 weeks, with the
corresponding calendar change impact on the pro forma adjustments,
where applicable.
The nature of the pro forma adjustments
made remains the same as per the 2016 pro forma information
published in 2016.
The key financial indicators on a pro
forma and restated pro forma basis are summarized in the table in
the attachment (170413_Press Release Pro Forma Information 2016).
The detailed restated pro forma information is available on our
website.
Ahold Delhaize will publish its First
Quarter 2017 Interim Report on May 10, 2017.
170413_Booklet Pro Forma
Information 2016
170413_Press Release Pro Forma Information 2016
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Ahold Delhaize via Globenewswire
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