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Ahold CR reports rise in sales to EUR 1.77bn

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In 2015 Ahold in the Czech Republic reported a 16.5% rise in sales to EUR 1.77bn. Adjusted operating profit added 42.1% to EUR 27m. Operating margin increased 0.3 points to 1.5%. In Q4 2015 alone, sales rose by 6.5% to EUR 461m and adjusted operating profit went up from EUR 5m to EUR 16m. Operating margin jumped from 1.2% to 3.5%. Results were supported by completion of the takeover of 49 SPAR stores. The company operates 331 stores in the Czech Republic.

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