SOURCE: Ahold NV

August 20, 2009 01:00 ET

Ahold Earnings Q2 2009

AMSTERDAM, NETHERLANDS--(Marketwire - August 20, 2009) -


Highlights

* Sales up 11% to EUR 6.4 billion (up 4% at constant exchange rates)

* Operating income up 26% to EUR 295 million

* Net income EUR 195 million

* Stop & Shop/Giant-Landover operating income up 60% to $ 200 million


Amsterdam, the Netherlands - Ahold today published its interim report for the second quarter and half year 2009. CEO John Rishton said: "We had a strong second quarter with operating income up 26% despite the challenging economic environment. Stop & Shop/Giant-Landover operating income was up 60% to $ 200 million and Albert Heijn operating income was up 9% to EUR 150 million from last year.

"We remain well positioned in an increasingly competitive environment to deliver our strategy for profitable growth and manage the balance between sales and margins."

                     Q2      Q2         %       HY       HY         %
(EUR  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 from
continuing          192     177      8.5%      445      398     11.8%
operations
Net income          195     338   (42.3)%      391      599   (34.7)%

 * Comparative figures reflect the changes in accounting policies as
disclosed 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 5291


The press release (including tables) can be downloaded from the following link:

Ahold Earnings Q2 2009: http://hugin.info/130711/R/1335983/317716.pdf

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



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