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Ahold Posts Loss

11/24/2004

Amsterdam, Ahold posted an operating loss of 37 million euros ($48.2 million) for the three months ended September, compared to an operating profit of 34 million euros last year.

"Albert Heijn, Giant-Carlisle and U.S. Foodservice showed an improved underlying performance in the third quarter," said chief executive Anders Moberg in a statement. "Our results at Stop & Shop and Giant-Landover continue to reflect competitive pressure and integration issues."

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