Ahold slide worries investors

News

Last month Ahold, the Dutch food retailer, reported its second profit warning and refused to give any details of its new three-year recovery plan, to the consternation of some analysts. And to make matters worse, the company also announced that it would scale back on investor relations.

“Analysts wanted more from the company,” says one consumer analyst at a US investment bank, “and were annoyed when Ahold did not provide any targets of debt reduction or capex.”

Other analysts have the same sta

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