Ahold profits up 17% in first half

Article Abstract:

Ahold of the Netherlands, a retail company, reported a rise in interim net profit of 16.9%, on sales up 13%, helped by positive exchange rates. Store sales in the home market rose by 4.4%, with US sales up by 14.9%. There was combined turnover of 1.1 billion Hfl from its Czech and Portuguese operations. The company has had to restructure its US chains following the recent purchase of the Stop & Shop chain.

Koninklijke Ahold N.V.

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Unilever outperforms expectations

Article Abstract:

Unilever generated positive financial results in 1998 due to its exceptional market performance in the food sector. The company's operating profit jumped by 11% and its sales increased 2% in 1998. Additional information on Unilever's international sales of food products is also provided.

United Kingdom, Netherlands, Sales, profits & dividends, Unilever Group

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