with a Group-wide business model that ensures we can keep getting better for our customers. S3* Our business model 16 Allocate capital to new growth Lower cost base Drive identical sales growth Build strong consumer brands r" Ahold at a glance Business review I Governance Financials Investors Ahold Annual Report 2014 Our business model is a continuous cycle in which we work to lower our cost base so that we can invest in price, value, and the products and services we offer. This enables us to drive sales, win new customers and allocate capital to further grow our business. We use the capital we generate to drive new growth, to get the right returns and to invest in our businesses for the long term. We continually work to simplify how we do things and become more efficient in order to lower our cost base. The investments we have made to build our strong consumer brands are intended to help us to drive identical sales growth, increase volumes and gain market share going forward. To continue to build our strong local consumer brands and increase customer loyalty, we reinvest our cost savings into our offering and give customers more of what they want and need.

Jaarverslagen | 2014 | | pagina 80