Trading update first quarter 2025 

Veghel, 17 April 2025 - Sligro Food Group N.V. generated €574 million in revenue in the first quarter of 2025, a decline of €78 million on the revenue of €652 million posted in the first quarter of 2024. Corrected for the shift of Easter, the effect of leap day and the cessation of tobacco sales in the Netherlands, the Group’s revenue rose slightly. We look forward to the second quarter with confidence. 

Traditionally, year-on-year revenue development over the first two quarters of the year has always been difficult to track due to the timing of the Easter holidays. In 2024, not only was Easter early, the first quarter also had one additional revenue day due to it being a leap year. The leap day produced a one-off benefit in revenue in 2024 and the Easter revenues will shift to the second quarter in 2025. In the Netherlands, we have stopped selling tobacco completely as of 1 January 2025. In Belgium, we didn’t sell tobacco. The impact of these special circumstances are reflected in the table above.

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We refrain from making concrete predictions about the half-year results. The half-year figures will be published on 17 July.

On behalf of Sligro Food Group N.V.

Koen Slippens, CEO
Rob van der Sluijs, CFO

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