Barclays has reaffirmed its 'weight in line' recommendation and €30 price target on Ahold Delhaize, the day after the Belgian-Dutch food retailer presented its new targets for the period 2025-28.

Overall, the broker believes that 'the picture of long-term earnings growth and FCF support is broadly unchanged, although the building blocks have changed somewhat (higher sales growth, slightly lower margins)'.

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