Net profit for the year amounted to €69 million, representing an increase of 1.5% compared with 2013. As reported in the press release of 2 January 2015, net sales in 2014 amounted to €2,572 million, an increase of 3.0%. Organic growth amounted to 1.7% (excluding the effect of (changes in VAT on) tobacco product.
Koen Slippens, CEO:
‘Sligro Food Group succeeded in posting increased profits in 2014 despite a lower contribution from associates. Earnings per share were up by 2%, at €1.58. This combined with our continuing strong financial position enables us to raise the dividend by €0.05 to €1.10 per share. Last year Sligro managed to expand its market position in foodservice substantially and our market share rose by 1.7 percentage points to 22.9%.
For more information read the press release below or watch the video.
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