Friday, May 11, 2007
Amsterdam, the Netherlands – Ahold today announced consolidated net sales of €13.2 billion for the first quarter of 2007.
Compared to the first quarter of 2006, net sales decreased by 0.7% but increased by 5.8% at constant exchange rates. Net sales were positively impacted by the integration of the Konmar stores in the Netherlands and the Clemens Markets stores in the United States in the second half of 2006. 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.