Ahold Delhaize is relying on artificial intelligence and digital technology to increase profits and cost savings.

Reported 5 months ago

Ahold Delhaize is aiming to increase earnings and savings through AI and digital initiatives over the 2025-2028 period by automating back-end operations and driving customers to digital apps. The supermarket group plans to grow underlying earnings per share at a high single-digit rate, maintain a 4% operating margin until 2028, achieve 5 billion euros in savings through AI and automation, increase monthly active app users to 30 million by 2028, boost own-brand product sales to 45% of total sales, and generate around 3 billion euros from additional income streams by 2028.

Source: YAHOO

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