Ahold today announced consolidated net sales (excluding VAT) of EUR 12.3 billion for the fourth quarter of 2004, a decline of 3.1% compared to the same period last year (Q4 2003: EUR 12.7 billion). Net sales were significantly impacted by lower currency exchange rates, in particular that of the U.S. dollar. Net sales excluding currency impact increased by 3.2% in the fourth quarter of 2004. Additionally, net sales were impacted by divestments. Net sales growth excluding currency impact and the impact of divestments was 7.9% in the fourth quarter of 2004.
Consolidated net sales in 2004 amounted to EUR 52.0 billion, a decline of 7.3% compared to 2003 (2003: EUR 56.1 billion). Net sales excluding currency impact declined by 0.7% in 2004. Net sales growth excluding currency impact and the impact of divestments was 3.1% in 2004.
Ahold 2004 fourth quarter net sales: EUR 12.3 billion
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13-01-2005 07:34
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