Czech
Republic
€1.8 billion
(0.5)%
1.5%
49%
€3.7 billion
401
331
aibcrt
10
331
13,000
albert
JMR
Our brands and how we operate (continued)
EH
Joint venture - JMR
SUPERMARKET
Ahold at a glance
Business review
I Governance
Financials
Investors
Ahold
Annual Report 2015
Net sales
Identical sales growth
(excluding gasoline)
Underlying operating margin
Stores
Associates
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.
Stake
Net sales
Pingo Doce is the largest supermarket
chain in Portugal, and is managed
by JMR.
Stores
Albert is the largest retail brand
in the Czech Republic.
Store formats
Compact hypers and supermarkets.
Stores