Ahold books strong second quarter; improves Dutch market share
Supermarket group Ahold on Thursday announced a rise in turnover of 17% to €8.7bn in the second quarter.
Profit rose nearly 20% to €195m compared with the year earlier period.
The good figures were achieved by a larger market share in the Netherlands where turnover rose 6.8% in the second quarter. This was mainly as a result of changes in the assortment of products which attracted greater numbers of customers, the company said.
There was also good news from the US where turnover remained stable and operating profit rose 7%.
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