Friday, August 01, 2008
Amsterdam, the Netherlands – Ahold today announced consolidated net sales of EUR 5.8 billion for the second quarter ending July 13, 2008. Compared to the second quarter of 2007, net sales decreased by 0.8% but increased by 7.3% at constant exchange rates.
In Europe and the United States, sales growth was supported by investments in price positioning and strong promotional activities in all markets.
Underlying retail operating margin guidance for the year remains unchanged at 4.8-5.3%.