Ahold Expands U.S. Market Share as Q1 Operating Margin Drops
SEAFOODNEWS.COM [Dow Jones] - May 27, 2015 -
AMSTERDAM, Dutch food retailer Royal Ahold NV remained tight-lipped about its merger talks with Belgian grocer Delhaize, flagging, instead, its improved market share trend in the U.S. as profit margins dropped.
Ahold is clearly prepared to accept a lower profit margin, to increase market share, analyst Joost van Beek of Theodoor Gilissen Bankiers said.
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