Czech Republic
1.5%
49% 3,432m
Our brands and how we operate (continued)
albert
284
Joint venture - JMR
378
r
albert
0»
Highlights JMR
JMR
Ahold at a glance
Our performance
Governance
Financials
Investors
Ahold Annual Report 2013 13
Identical sales growth, excluding gasoline
K Converted seven more compact hyper stores to
its new format, bringing the total to 16 stores
K Reduced operating costs and invested in the
customer offering through targeted price
reductions, optimized promotions and improved
deli departments
K Reached agreement to sell its Slovakian business
Stores:
Albert is among the best-
known food retail brands in the
Czech Republic.
Store formats:
Compact hypers and supermarkets.
Read more online
www.ahold.com/albert
Underlying operating margin
Stake
Net sales
Ahold holds 49% of the shares in the joint venture
JMR, and shares equal voting power on JMR's board
of directors with Jerónimo Martins, SGPS, S.A.
K Pingo Doce showed strong identical sales
growth and improved market share despite weak
economic conditions in Portugal
K With the right promotional activities and
continuation of a cost rationalization program,
Pingo Doce was able to improve its competitive
position and drive profitability
Pingo Doce is the largest
supermarket chain in Portugal,
and is managed by JMR.
Stores:
Read more online
www.ahold.com/Pingo-Doce
