with a Group- wide business model that ensures we can keep investing in our customer offering S3* Drive identical sales growth Our business model 18 Allocate capital to new growth Lower cost base Build strong consumer brands r" Ahold at a glance Business review I Governance Financials Investors Ahold Annual Report 2015 Our business model is a continuous cycle. We work to lower our cost base so that we can invest in price, value, and great products and services. This "save to invest" mentality has become part of our company's DNA. It helps us drive sales, win new customers and generate the capital we need to further grow our business. With the capital we generate we can drive new growth, get the right returns and invest in our businesses for the long term. We continually work to simplify how we do things, become more efficient and reduce costs. We expect the synergies we can achieve through our intended merger with Delhaize will enable us to further simplify our business. The investments we make to build our brands help us drive identical sales growth, increase volumes and gain market share going forward. We reinvest our cost savings into our offering. This helps us build strong local brands and increase customer loyalty by giving customers more of what they want and need. Our intended merger with Delhaize will give both companies the opportunity to improve our customer propositions by leveraging each other's expertise and the strength of our assortments.

Jaarverslagen | 2015 | | pagina 82