ZAANDAM, Netherlands -- Ahold here said a strong performance by its U.S. stores and other non-Dutch holdings spurred an increase in consolidated sales for 1994.
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Sales in the United States rose 12.1% to $7.4 billion. Excluding the Chattanooga, Tenn.-based Red Food Stores chain Ahold acquired last May, U.S. sales increased 6%.
Sales in the Netherlands rose 4.3% to $7.7 billion. Other European sales (mainly from Portugal and the Czech Republic) rose 11.8% to $824.2 million.
Ahold will announce fourth-quarter and full-year results for 1994, including earnings, on March 16.
Cees van der Hoeven, Ahold president, noted that activities outside the Netherlands continued to grow at a faster pace than Dutch activities and accounted for more than half of the group's total 1994 revenues.