Ahold Q3 sales up 10% to £5.8bn

Grocery retailer Ahold has reported interim net sales of E6.7bn (£5.8bn) for the third quarter, up 10.8% on the same period last year.

Growth at constant exchange rates was 4.6%, positively impacted by acquisitions in the first quarter of 2010. Operating income was E285m (£245m), up 7.5%. Ahold’s underlying retail operating margin was 4.7%.