Thursday, February 01, 2007
Ahold today announced consolidated net sales of €10.4 billion for the fourth quarter of 2006. Compared to the fourth quarter of 2005, net sales decreased by 3% but increased by 3% at constant exchange rates. Market conditions remained unchanged. Stop & Shop / Giant-Landover margins were impacted by price investments related to the further roll out of the Value Improvement Program. For the full year, consolidated net sales of €44.9 billion were up 2% compared to 2005. At constant exchange rates, net sales were up 2.7%.