The strength
of our brands,
with leading
market
positions in all
of our markets,
underpins
our financial
performance
USA
The
Netherlands
o Belgium
Germany
Czech
Republic
iOtOS
05
€19,557 million
(0.5)% growth in local currency
59.7% contribution to group net sales
€738 million
mmm PeapocT
€11,696 million
1.8% growth
35.7% contribution to group net sales
€574 million
4.9% underlying operating margin
€1,521 million
1
€19 million
I
€3,565 million 49%
Highlights by segment
Joint venture
Underlying operating income
3 8%
vl'
Underlying operating income
bol.com
11 7%
4 6%
Underlying operating income
1 2%
albert
Ahold at a glance
I Business review 1
I Governance 1
I Financials 1
I Investors
Ahold
Annual Report 2014
Read more detail:
I See pages 07-09
Net sales
underlying operating margin
contribution (before Corporate
Center costs)
Our brands
Stop&Shop- Giant
C
c
Net sales
contribution (before Corporate
Center costs)
Our brands
Gull Gall
Net sales
growth in local currency
contribution to group net sale
underlying operating margin
1 contribution (before Corporate
Center costs)
Our brands
Net sales Stake
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.
Our brands
