ZAANDAM, Netherlands -- Executives from Ahold here reported a strong 1997, and outlined a two-pronged growth strategy for the new fiscal year. Fiscal 1997 saw a 38% increase in sales over the prior year to $25.3 billion (NLG 50.6 billion); and 48% increases in both operating results to $900 million, and consolidated net earnings, $466.9 million. Cees van der Hoeven, president, said 1997 was the first full year of contribution from its acquisition of Stop & Shop, Quincy, Mass. "Stop ...
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