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World Business Briefing | Europe: The Netherlands: Profit At Royal Ahold


Royal Ahold, the operator of the Stop & Shop grocery chain in the United States, reported a sharp rise in fourth-quarter earnings. The company, which is based in Amsterdam, earned 239 million euros ($318 million) for the last three months of 2006, up from 103 million euros a year earlier. Profit was helped by lower financing costs. In the United States, sales were flat at the Stop & Shop and Giant-Landover chains.

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