Dutch supermarket chain Koninklijke Ahold NV (AHODF.PK,AHONY.PK) posted a 7.5% growth in fourth-quarter consolidated net sales to 7.835 billion euros, from 7.29 billion euros last year; and went up 5.1% at constant exchange rates.
Ahold USA sales of $6.1 billion, was 4.3% higher than the prior year’s $5.89 billion, partly driven by the exceptional efforts of our teams during Hurricane Sandy, which enabled our stores to remain open and to serve our customers during these difficult times. Comparable sales climbed 2.8% in the 2012 fourth quarter.
Quarterly net sales in Netherlands totaled 2.7 billion euros, up 7.7% year-on-year, chiefly driven by progress on the company’s growth initiatives, including the addition of 15 former C1000/Jumbo stores that were converted during the second half of the year.
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by RTT Staff Writer
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