6.9%
O
0.1%
Performance by segment
Albert/Hypernova
Region
albert BI hypernova
"We are focused on
providing the best
products and service -
and a touch of inspiration
to make the difference in
our customers' lives."
Sales
Retail operating income
Net sales
Operating profit
Operating and financial review
AHOLD ANNUAL REPORT 2008 22
Company name
Albert/Hypernova
Established
Ahold Czech Republic (1991), Ahold Retail Slovakia (2001)
Europe, the Czech Republic and Slovakia
Store formats
Hypermarkets and supermarkets
Private labels
Include: Albert, Albert Excellent, Albert Bio, Euroshopper
Albert and Hypernova are among the best-known food retail brands in the Czech
Republic and Slovakia. We operate 300 stores in the Czech Republic and 25 stores
in Slovakia and employ over 14,500 people in both countries.
We are currently rebranding all our Albert and Hypernova supermarkets in the
Czech Republic to Albert to build a single powerful brand and achieve a stronger
position in the market. Our offering - particularly fresh food - and our private label
products are playing an important part in strengthening the brand. In 2008, we
launched Albert Excellent with premium products and Albert Bio to meet the
growing demand for organic produce.
The following table contains operational information including net sales and
operating income (loss) information for Albert/Hypernova in 2008 and 2007:
2008
2007
Net sales in EUR (millions)
1,774
1,558
Change in identical sales (excluding gasoline sales):
Albert/Hypernova
3.1%
7.1%
Operating income in EUR (millions)
Operating income as a percentage of net sales
Underlying operating income as a percentage of net sales
1
0.1%
(0.2)%
0
0.0%
0.1%
Number of employees at year end (Headcount)
Number of employees at year end (FTE)
14,656
13,913
15,003
14,243
Sales area (in thousands of square meters)
525
529
Johan Boeijenga
President and CEO
Albert/Hypernova
share in total
Ahold sales
Ahold (total group) €25,722m
Albert/Hypernova €1,774m
share in total Ahold
retail operating income
Ahold (total group) €1,294m
Albert/Hypernova €1m
Net sales increased 13.9 percent to EUR 1.8 billion in 2008; at constant
exchange rates, net sales growth was 2.8 percent. The increase in net sales was
primarily due to increased identical store sales, partially offset by stores that were
closed for remodeling during the year. In the second half of the year, the market
deteriorated as a result of the economic downturn and continuing competition.
The operating company increased its operating result from breakeven in 2007
to EUR 1 million in 2008. The result included approximately EUR 3 million
of gains on the sale of real-estate and EUR 1 million of an impairment reversal.
December 28, December 30,
2008
2007
Number
Number
Store portfolio development
Czech Republic
300
296
Slovakia
25
25
Albert/Hypernova
325
321
Highlights: Albert/Hypernova
Albert was voted Supermarket
of the Year by customers in the
Czech Republic for the fourth
consecutive year;
Albert/Hypernova was listed
among top 30 employers in the
Czech Republic;
Albert/Hypernova continued to roll-out
its rebranding program to a single
brand, Albert;
Conducted innovative and award-
winning advertising campaign.
www.ahold.com/reports2008
