Ahold Q4 Net Profit Jumps 75%

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Royal Ahold NV reported a 75% surge in its net profit for the fourth quarter.Ahold's quarterly revenue climbed 4.5% to EUR7.29 billion, versus EUR6.98 billion, in the year-ago period. Its operating income rose 11.2% to EUR28 million, from EUR295 million. Ahold's net income surged to EUR270 million, from EUR154 million.

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