Ahold trading statement fourth quarter and full year 2012
2013-01-17 06:48:14 -
Amsterdam, the Netherlands, January 17, 2013 - Ahold today announced
consolidated net sales of €7.8 billion for the fourth quarter of 2012, an
increase of 7.5% compared to the fourth quarter of 2011. At constant exchange
rates net sales were up 5.1%.
For the full year 2012, consolidated net sales were €32.8 billion, an increase
of 8.5% compared to 2011. At constant exchange rates net sales were up 3.5%.
In the United States sales were up 4.3%. Our strong performance was 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. The positive sales impact of Sandy was partly offset by a
negative calendar impact due to the timing of year end. We continued to gain
market share in all our divisions. The 15 Genuardi's stores we acquired in 2012
performed in line with expectations. Furthermore we opened another four pick-up
points, bringing the total to eight in the United States.
The sales growth of 7.7% in the Netherlands was mainly driven by progress on our
growth initiatives, including the addition of 15 former C1000/Jumbo stores that
were converted during the second half of the year. Identical sales growth was
impacted this quarter by the timing of year end and a disappointing performance
from Etos in a very competitive health and beauty segment. Albert Heijn was able
to further increase its market share. We opened our first three pick-up points
for online grocery shopping in the Netherlands, and their initial performance is
exceeding our expectations. We continue to be pleased with the performance of
our Belgian stores. We opened three Albert Heijn supermarkets during the
quarter, bringing our total number of Belgian stores to eleven. Bol.com showed a
strong sales performance and continued to strengthen its position in the
In an ongoing tough environment in Other Europe, the VAT increase earlier this
year continued to impact net sales. We continued to drive sales ahead of the
competition and gained market share.
To see the full statement, go to ahold.com or download the attachment.
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Ahold trading statement Q4/FY 2012:
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Source: Ahold via Thomson Reuters ONE