Mar 6, 2008
Amsterdam, the Netherlands - Ahold today published its summary financial report for the full year and fourth quarter 2007. CEO John Rishton said: "Ahold exceeded the targets we set last year. We delivered an underlying retail operating margin of 4.6% against our 4% to 4.5% guidance. We largely completed our planned divestments, returned €4 billion to shareholders, and our investment grade rating was reinstated. We restructured the company into two continental platforms and achieved reductions in Corporate Center costs ahead of schedule.
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