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Ahold: Ahold publishes Q1 2014 Results

* Sales* of €9.8 billion broadly flat, impacted by low inflation and volumes
under pressure
* Online sales of €362 million, up 20.0% on an identical basis
* Underlying operating margin 4.0%, compared to 4.1% last year
* Program launched in the United States to improve customer proposition
* Stabilized market share trend in the Netherlands in a slowing market
* Acquisition of Czech SPAR stores announced; sale of Slovakian business
* Agreement reached in principle to settle Waterbury class action

* at constant exchange rates

Zaandam, the Netherlands
- Ahold today published its interim report for the first quarter of 2014.

CEO Dick Boer said: "First quarter sales trends were similar to the previous
quarter with a flat year-on-year performance, impacted by low inflation and
volumes that remained under pressure in all our markets.

"In the United States, we decided to roll out a program to improve our
customer proposition by investing in the quality and merchandising of our
Fresh assortment, associate training and targeted price reductions in all our
divisions. In the Netherlands, our market share performance stabilized versus
the previous quarter and we continue to focus on improvements and additions
to our assortment to further strengthen our commercial position.

"We are expanding our online position in the United States and the
Netherlands, and we are pleased with the overall sales growth of over 20% on
an identical basis.

"Our outlook for the next quarter reflects similar trading conditions to the
first quarter as well as investments in our customer proposition and future

Full Q1 2014 Report and Q1 2014 Presentation attached as PDF to this message.

Please followthis link to watch a video interview with Jeff Carr, Ahold CFO.

Ahold Q1 2014 Results - Presentation
Ahold Q1 2014 Results - Report


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Ahold via Globenewswire


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