Sep 7, 2005
Wednesday, September 07, 2005
"Ahold shows stable performance in a competitive environment" Anders Moberg, Ahold President & CEO.
Highlights:
- Operating performance reflects competitive environment and restructuring effects
- Retail execution and value repositioning strategy contributing to top line in Europe
- Streamlining U.S. store portfolio continuing
- Solid progress at U.S. Foodservice: strategic plan to be announced in November 2005
- Reduced debt strengthens balance sheet
- Divestment program nears completion: EUR 2.7 billion gross proceeds to date.
