World's Largest Food Retail Group on Consumer Contact - Horago

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horago on consumer contact following cover-19

World’s Largest Food Retail Group on Consumer Contact

April 21, 2020

Ahold Delhaize, one of the world’s largest food retail groups and a leader in both supermarkets and eCommerce, reported fourth quarter results of Feb 12th. When President and CEO, Frans Muller was interviewed on CNBC he reported on strong EPS growth and free cash flow generation, however, we noted a statement that “consumers will be more sensitive to contact”.

We at Horago can only agree, and a world of working remotely, social distancing and contactless payments will be the norm going forward.  Horago facilitates social distancing and reduces points of contact and potential contamination. Stay healthy with Horago.

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