Highlights
- Sales up 1.0% to € 8.7 billion (up 3.4% at constant exchange rates)
- Operating income up 3.3% to € 409 million
- Net income up 45.7% to € 274 million
- Underlying retail operating margin 4.9%
Amsterdam, the Netherlands - Ahold today published its interim report for the first quarter 2010. CEO John Rishton said: "Our repositioning actions in recent years and our customer focus have enabled us to increase volumes and improve market share in the Netherlands and the United States and deliver another quarter of solid performance. The market continues to be challenging with customers focused on value and high levels of promotional activity. Despite these conditions, we remain confident in our ability to balance sales and margins and to continue providing value to our customers."
To read the full Interim Report, please refer to the attachment.
