Sligro tests Solar City Train in Amsterdam
Sligro Food Group recently conducted a technical test in Amsterdam with the Solar City Train from manufacturer Trens. Sligro already delivers in Den Bosch and Vlissingen with this special apparition.
"We wanted to know how the vehicle would cope in the special infrastructure of Amsterdam," says Sligro spokesman Wilco Jansen to Out.of.Home Shops. "The narrow roads along the canals and steep bridges are challenging with the small streets and tight turns. And we have a lot of delivery addresses in the centre of Amsterdam. We tested whether the Solar Train could handle this and it certainly did. However, we have no concrete plans to deploy the vehicle in Amsterdam any time soon," Jansen said.
Electrification
At Sligro, however, they are working on electrification of delivery. There will be 25 new electric trucks in Amsterdam soon. "But these are classic box trucks, so they are the same size and weight as the fuel-powered trucks we have now," Jansen explains. "In Amsterdam we have built a separate charging infrastructure to charge the trucks."
In addition, Sligro is looking at the urban distribution of the future. Especially the old cities present a challenge. "Those are still built for horse and cart and certainly not for trucks," Jansen explains. "To keep livability intact there, in cities like Amsterdam and Utrecht, the axle load of vehicles must be reduced. This can be done by carrying less freight or, as with the Solar Train, having more axles under the vehicles. Years ago, we started looking at a solution with Trens. The disadvantage is that this vehicle, like any electric vehicle, is still very expensive."
Roller containers
"Importantly, the Solar Train can take standard roll containers. The whole logistics system in foodservice and food retail is geared to roll containers. Other electric vehicles for delivery are often smaller and use crates. That would mean additional transfer, which is very inefficient. The Solar Train even has an elevator platform on the side so that loading and unloading can be done from the sidewalk," Jansen says.
The test in Amsterdam showed that the Solar Train can handle the tricky city of our capital. "But we are still going to test with all kinds of other vehicles," Jansen concludes.
Sligro from now on 'Accredited Work Placement Company'
As of May 19th, Sligro Food Group may call itself an 'Accredited Work Placement Company' in the Netherlands. An important part of mbo-education consists of working and learning in practice, known as vocational practice training. Students do this at a recognized work placement company. As a student, you can now work at all Sligro locations.
As an accredited work placement company, we have met the following conditions:
- We offer students a good and safe workplace where they can practice the activities associated with the profession for which they are being trained.
- We appoint a practical supervisor who knows the requirements of the training and provides the time and resources to supervise the students on the workplace.
- We are willing to cooperate with the school and SBB, and provide the necessary information for this purpose.
- We agree to mention the company details on Stagemarkt.nl and Leerbanenmarkt.nl, the websites where students look for an internship or apprenticeship.
As an accredited work placement company you make an important contribution to the future of craftsmanship. Did you know that we already have 104 mbo students employed? We can be proud of that!
Update on the acquisition of Metro activities in Belgium
Two elements have been completed in the process of Sligro Food Group acquiring part of the Metro outlets in Belgium.
Appeal against court decision rejected
In the court-supervised restructuring proceedings for Makro Cash & Carry Belgium NV, the court in Antwerp authorised the court-appointed judicial trustees on 7 December 2022 to sell the majority of the Metro activities in Belgium to Sligro Food Group. An appeal was filed against this decision by the Antwerp court, but on 30 March 2022 the Antwerp Court of Appeal rejected the arguments made in the appeal.
Final approval from the BCA
The Belgian Competition Authority (BCA) already invested a great deal of time and energy in investigating the market consequences during the course of the court-supervised restructuring. On the basis of its preliminary investigation, the BCA had previously issued an ‘unconditional decision to grant an exemption’, which meant that the transaction could already go ahead. Today, 3 April 2023, the Belgium Competition Authority (BCA) gave its final, unconditional approval of the transaction.
Veghel, 3 April 2023
On behalf of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
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Trading update first quarter 2024
Veghel, 18 April 2024 - Sligro Food Group N.V. generated €652 million in revenue over the first quarter of 2024, up €18 million or 2.7% on the revenue of €634 million posted in the first quarter of 2023.
As expected, revenue growth was slightly positive over the first three months of the year and was fully organic.
In the Netherlands, revenue was up 3.8% in line with the general upward trend we are seeing in the market. Both the new customer growth rate and expansion of packages for existing customers are developing well. However, consumers are still cautious in their spending, which is leading to our professional customers individually buying less volume right now.
In Belgium, revenue fell by 3.2%. As expected, the customer churn we saw at our delivery site in Antwerp last year continued to have an impact on revenue development over the first quarter of 2024. New customer acquisition is progressing well and we have even started to see some of the customers we lost last year return. At Sligro-M’s cash-and-carry outlets, revenue grew to €37 million compared to €31 million in the same period last year.
The impact of inflation on our revenue levelled off in the first quarter and is now around the 3% mark.
With more and more retailers opting to stop selling tobacco well before the ban comes into effect, we are seeing tobacco sales shift to the outlets of some of our customers. On the back of this development, tobacco’s share in our revenue grew to 9.2% in the first quarter. Sligro will stop selling tobacco from 1 July 2024, with the exception of tobacco sales under several contracts that run to the end of 2024. We will stop selling tobacco altogether from 2025.
Over the coming period, we will maintain an unwavering focus on putting into place the building blocks for our plan in the run-up to 2025, which we presented during our capital markets day last year.
We refrain from making concrete predictions about the half-year results. The half-year figures will be published on 18 July.
On behalf of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
Click here for the press release in PDF
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Trading update first quarter 2023
Veghel, 20 April 2023 - Sligro Food Group N.V. generated €634 million in revenue over the first quarter of 2023, up €166 million or 35.5% on the revenue of €468 million posted in the first quarter of 2022.
The revenue increase in the first quarter was positive, as expected. In the first few weeks of 2022, lockdowns were still in place, which ended over the course of that quarter. In increasing our revenue, we have exceeded the market in both countries and further reinforced our position.
Revenue growth in the Netherlands was entirely organic. In Belgium, the revenue came from the outlets acquired from Metro, which generated €31 million in revenue in the first quarter. We are delighted about and proud of the way we reopened the outlets following the acquisition. The revenue levels posted in the first quarter are encouraging.
We refrain from making concrete predictions about the half-year results. Instead, we focus our attention once again on several exceptional elements that are important or have the greatest impact in the first half-year in particular. In 2022, we posted a one-off book profit on the Smeding transaction. In 2023, we are facing additional SAP amortisation charges and start-up losses for the outlets acquired from Metro. The finance costs are increasing, due to general interest rate developments in the market.
The half-year figures will be published on 20 July.
On behalf of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
Click here for the full press release
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Nomination of Mr Dirk Anbeek for appointment to the Supervisory Board of Sligro Food Group N.V.
Sligro Food Group’s Supervisory Board intends to nominate Mr Dirk J. Anbeek for appointment to the Supervisory Board during the Extraordinary General Meeting of Shareholders to be held on 29 June 2023.
This nomination is made in light of Mr Freek Rijna stepping down during the General Meeting of Shareholders on 27 March 2024, as per the rotation schedule. The Supervisory Board intends to have Mr Anbeek replace Mr Rijna as chair of the Supervisory Board on that date. Mr Anbeek will be a member of the Supervisory Board during the period up to 27 March 2024.
Sligro Food Group posts €2,346 million sales in 2018
Sligro Food Group N.V.’s sales in 2018 amounted to €2,346 million, an increase of 9.6% compared with sales of €2,142 million in 2017.
Read more in the press release below.
Download Sales 2018 Sligro Food Group
(47,3 kB)
The complete full-year figures for 2018 will be published on 24 January 2019 before start of trading.
Would you like to receive press releases of Sligro Food Group in your mailbox? Please mail your name, address and e-mail to Charissa Kleij: ckleij@sligro.nl
Presentation annual figures 2018
Sligro Food Group will publish its 2018 annual figures on Thursday 24 January.
Press conference
Thursday, January 24, 2018, 11.00 AM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht
Analyst Meeting
Thursday, January 24, 2018, 01.30 PM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht
Conference call
Also a conference call will be hosted at 15.30 PM CET.
Rob van der Sluijs, CFO, will give an explanation of the annual figures.
If you want to participate in this conference call, please, sent an e-mail to Charissa Kleij, ckleij@sligro.nl or call ++31 413 343500 and you will receive the dial-in details from her.
Presentation Annual figures 2018
On Thursday, January 24, Sligro Food Group presents the Annual figures 2018.
Press conference
Thursday, January 24, 2018, 11.00 AM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht
Analyst Meeting
Thursday, January 24, 2018, 13.30 PM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht
Download Presentation Annual figures 2018
(3,1 MB)
Conference call
Also a conference call will be hosted at 15.30 hours CET.
If you want to participate, please call Charissa Kleij for registration and dial-in information, +31 413 34 35 00 or ckleij@sligro.nl
Sligro Food Group 2018 net profit: €276 million
Net profit for the year amounted to €276 million, an all-time record for the Group. 2018 was characterised by numerous extraordinary and non-recurring income and expenditure items. Adjusted for this, Ebit on our ‘continuing operations’ was €82 million, with a 9.5% increase in net sales to €2,346 million.
CEO Koen Slippens: “The theme for 2018 was ‘Focus’, which certainly did not mean limiting the number of issues we tackled. Focus means that everything we take on is targeted at achieving our ambition to be a leading international Food Service player. An incredible amount of hard work has gone into the sale and carve-out of EMTÉ, the successful first year of our partnership with Heineken, the design of our new organisation and management model, the integration and expansion of our activities in Belgium and all the preparations for our new international ERP landscape, testing the limits of our organisation. With growth of almost 9% in the Netherlands and just over 14% in Belgium, we have gained significant market share in both countries. The market conditions were favourable, and we expect them to remain so in the year ahead. This is accompanied by strong cost inflation that forces us to continue monitoring the balance between growth and cost control. This is an environment in which we as market leader feel very much at home and we are reflecting on the past year and looking ahead to 2019 with great vigour."
Read more in the press release.
Download Annual figures 2018
(586,8 kB)
Annual report
The 2018 Annual Report will be published on 5 February 2019. In our trading update of 18 April 2019, we will address the developments in the first quarter of 2019. The half-year figures will be published on 18 July 2019.
Would you like to receive press releases of Sligro Food Group in your mailbox? Please sent an e-mail with your name, address and e-mail to Charissa Kleij: ckleij@sligro.nl