Ahold Delhaize Automated Facilities Development Overview
Highly Diversified Business Model Produces Stable Cash Flows
Diversification helps reduce revenue volatility associated with seasonality and changing commodity trends
Pro Forma Commodity
South
America
Pro Forma Global Geographic Diversity (1)
Global Warehouse
Central
U.S. Warehouse
23%
YTD 3/31/23
24%
±0.0
Other
Potatoes
Beef
1%
Asia-Pacific
Dairy
6%
Pork
9%
7%
6%
5%
8%
8%
Frozen Produce
Europe
5%
Fresh Produce
LTM 3/31/23
4%
Poultry
14%
WAREHOUSE
4%
Bakery
REVENUE
2%
2%
Seafood
Distributors (3)
Beverage
Packaged Foods (2)
18%
19%
Retail (4)
~79% of Revenue from Food Manufacturers
and ~19% from Retailers
YTD 3/31/23
WAREHOUSE
REVENUE
83%
North
America
32%
East
Pro Forma Warehouse Type
24%
Production
Advantaged
Distribution
TOTAL U.S.
WAREHOUSE
REVENUE
31%
21%
Southeast
West
Production
Advantaged
-Q-0
Distribution
51%
LTM 3/31/23
WAREHOUSE
REVENUE
25%
Public
Warehouse
1%
Facility Leased
40% LTM 3/31/23
WAREHOUSE
CONTRIBUTION
(NOI)
1%
Facility Leased
28%
Public
Warehouse
Note: March 31, 2023 LTM Revenue and NOI pro forma for 2022 acquisitions. Figures may not sum due to rounding
Diversification based on warehouse segment revenues for the twelve months ended March 31, 2023
(1)
(2)
Packaged food reflects a broad variety of temperature-controlled meals and foodstuffs
(3)
(4)
Retail reflects a broad variety of product types from retail customers
Distributors reflects a broad variety of product types from distribution customers
7
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