NETHERLANDS: Ahold submits Albert Heijn results on time
Dutch retailer Royal Ahold has announced that on Friday 30 May it provided its syndicate of banks with the audited 2002 financial report for its Dutch supermarket subsidiary Albert Heijn.
Delivering audited 2002 financial statements for Albert Heijn no later than 2 June was one of the conditions for the availability of the US$915m unsecured tranche of the €2.65bn (US$3.09bn) credit facility announced in March.
These conditions include the delivery of audited 2002 financial statements for Stop & Shop no later than 30 June, and of audited consolidated 2002 financial statements for Ahold no later than 15 August.
A spokeswoman for the troubled retailer said the company would not disclose the results of the Albert Heijn unit until the publication of 2002 results for the full group.
Dutch retailer Ahold has announced the completion of the sale of its chain of 198 Wilson Farms and Sugarcreek convenience stores, part of its US subsidiary Tops Markets....
Dutch retailer Ahold has announced that Kerry Underhill has been appointed senior vice president corporate communications, effective 1 July 2005....
Dutch retailer Ahold has reported sales and operating income little changed in the first quarter of 2005, but net income was sharply down because of a one time gain in the first quarter last year....
Dutch retailer Ahold has announced today (Tuesday) that its chief financial officer Hannu Ryöppönen is to leave the company....
Danish based dairy company Arla Foods is opening a new representative office in Hungary....
Dutch retailer Ahold today (Wednesday) announced that it had signed a new €2bn (US$2.5bn) credit facility with a syndicate of fifteen banks. ...
Dutch retail giant Ahold has said its net sales declined 1.0% to €13.0bn (US$16.5bn) for the first quarter of 2005....
Supermarket company Giant Food, a subsidiary of Dutch retailer Royal Ahold's US arm Ahold USA, has announced restructuring plans for the remainder of 2005 and 2006....
- General Mills sales woes continue - analysis
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Comment: Meal kits in US - don't believe the hype
- Column: Kraft Heinz, Unilever and sustainability
- Unilever 'lining up spreads sale'
- UK own-label firm Park Cakes sold in MBO
- Immigration crackdown "risk" for US dairy industry
- BRF plant suspended amid bribery allegations
- Fonterra cuts earnings forecast