Net earnings increased by 37% to Euro 752 million. Our strategy of growth puts us in the forefront of the global food retail and food service sector. Ahold is set to double its sales in the next five years. Operating results will grow at a quicker pace. 1995 1996 1997 1998 1999 1995 1996 1997 1998 1999 (in 1995 1996 1997 1998 1999 1995 1996 1997 1998 1999 Asia 40 j 30- 20 -- 10- 0- Sales (x 1 billion) 1.5- Europe (in I United States (in I Total (in Operating results (x 1 billion) 0.5-- Europe (in I United States (in I Total (in 1,000 x Net earnings 500-- 1995 1996 1997 1998 1999 in millions 1.5 t Earnings per share 1.0-- 0.5 Dividends Retained Earnings 400t Number of associates 300 200 100 0 (year-end/in thousands) United States Europe Latin America Royal Ahold Annual Report 1999

Jaarverslagen | 1999 | | pagina 27