Aug 3, 2007
Amsterdam, the Netherlands - On August 3, Ahold announced consolidated net sales of € 6.6 billion for the second quarter ending July 15, 2007. Compared to the second quarter of 2006, net sales increased by 2% and increased by 5.6% at constant exchange rates.
Market conditions in both the United States and the Netherlands were favorable. Price investments related to the further roll-out of the Value Improvement Program, launched in September 2006 at Stop & Shop and Giant-Landover, will continue to impact margins.
