Ahold Earnings Q2 2009
(Thomson Reuters ONE) - Highlights * Sales up 11% to ? 6.4 billion (up 4% at constant exchange rates) * Operating income up 26% to ? 295 million * Net income ? 195 million * Stop & Shop/Giant-Landover operating income up 60% to $ 200 millionAmsterdam, the Netherlands - Ahold today published its interim reportfor the second quarter and half year 2009. CEO John Rishton said: "Wehad a strong second quarter with operating income up 26% despite thechallenging economic environment. Stop & Shop/Giant-Landoveroperating income was up 60% to $ 200 million and Albert Heijnoperating income was up 9% to ? 150 million from last year."We remain well positioned in an increasingly competitive environmentto deliver our strategy for profitable growth and manage the balancebetween sales and margins." Q2 Q2 % HY HY %(? million) change 2009 2008* change 2009 2008*Net sales 6,430 5,769 11.5%** 15,084 13,283 13.6%**Operating income 295 235 25.5% 691 571 21.0%Income fromcontinuing 192 177 8.5% 445 398 11.8%operationsNet income 195 338 (42.3)% 391 599 (34.7)% * Comparative figures reflect the changes in accounting policies asdisclosed in note 2 to the interim financial statements.** At constant exchange rates, net sales increased by 3.9% in Q2 2009(HY 2009: 5.2%).Ahold Press Office: +31 (0)20 509 5291The press release (including tables) can be downloaded from thefollowing link:http://hugin.info/130711/R/1335983/317716.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 20.08.2009 - 06:46 Uhr
Sprache: Deutsch
News-ID 4891
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