Ahold books increase in sales and profit in third quarter

Albert HeijnSupermarket group Ahold booked an across the board increase in turnover in the third quarter of this year, with sales rising in the Netherlands, US and Czech Republic.

Total third quarter sales reached €7.5bn, a rise of 1.9% compared with the same period in 2013, the company said in a statement on Thursday. Part of the 1.4% growth in Dutch sales is due to the consolidation of several C1000 supermarkets into the figures plus the opening of new stores.

Net profit was up 7.9% at €178 and would have been higher at constant exchange rates, the company said.

Chief executive Dick Boer said the company expected ongoing investments and ‘further development of our formats and assortment will continue to result in improving sales trends’.

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