Grocery retailer Ahold has reported consolidated net sales of E30.3bn (£25.35bn) for 2011 – a 2.5% increase compared with the previous year and a 5.5% rise at constant exchange rates. An Ahold spokesperson said: “We continue to be well positioned in challenging market conditions.” In the US, sales improved 6.6% to $25.1bn (£16.1bn). In Ahold’s home market, sales grew 4.2%, while identical store sales increased 2.8%.