The profit for the year came in at over €74 million, which is €3 million or 4.2% more than in 2008. As reported on 6 January, sales in 2009 totalled €2,258 million, an increase of 4.2%. Organic growth in sales was 5.1%.
CEO Koen Slippens commented, ‘In challenging market conditions, Sligro Food Group outperforrmed market growth in both segments, topping that achievement by posting the highest net profit ever. That’s something to be proud of!’
Read more in the press release.
The Dutch Association for Investor Relations (NEVIR) awarded Sligro Food Group for Leading Quoted Company for Investor Relations 2009 in the category AScX / Local.
Three companies were nominated based on the underlying data collected by Thomson Reuters Extel through its 2009 Pan-European Survey. Sligro Food Group was chosen by an independent committee of experts on the basis of four key criteria:
Sligro Food Group sales in 2009 amounted to € 2,258 million, an increase of € 90 million or 4.2% compared with € 2,168 million in 2008.
The Group’s organic sales growth in 2009 turned out at 5.1% (2008: 6.4% and Q4 2009: 4.6%). Read more in the press release.
Sligro Food Group and the Golff franchisee association (Vereniging van Gebruikers van de Supermarktformule Golff ) expect to reach agreement on conversion from the Golff format to the EMTÉ format.
Conversion has been under discussion by the Golff franchisees and Sligro Food Group for some time and is one of the planned measures announced by Sligro Food Group in its Food Retail Master Plan published on 30 March 2009. Read more in the press release.
Download Conversion Golff to EMTÉ
(67,4 kB)
Sligro Food Group N.V.’s sales in the first nine months of 2009 (39 weeks) were €1,635 million, up 2.3% (Q3: 5.6%) compared with the same period in 2008 (€1,599 million).
Read more in the press release.
Download Trading Update third quarter 2009
(72,4 kB)
Sligro Food Group N.V., based in Veghel, and Groothandel Bergsma B.V., based in Makkum, have decided to set up a joint distribution centre for tobacco products and smokers’ requisites in Venlo under the name Vemaro B.V.
Groothandel Bergsma will have 60% of the shares and Sligro Food Group 40%. Vemaro will concentrate exclusively on the purchase and storage of tobacco and related products for and on behalf of Bergsma and Sligro Food Group, providing professional order processing and operating with the lowest possible cost base. Read more in the press release.
Download Joint tabacco distribution with Bergsma
(70,5 kB)
The presentation of the Half-year figures 2009 of Sligro Food Group is published. You can find the presentation (and other presentations) on the page 'Financial Publications' on this website. Or download the PDF below.
Profit for the first half of 2009 declined to almost €27 million, down 6.0% on the same period last year, due entirely to lower non-recurring book profits. Sales for the first half of 2009 were 0.7% higher at almost €1,086 million, with organic sales growth of 4.1%.
Koen Slippens, Executive Board chairman: ‘In an extremely challenging market environment, Sligro Food Group has achieved strong organic growth in both its Foodservice and Food retail businesses and some improvement in its underlying results. The operating cash flow has increased significantly and the financial position has continued to strengthen even in these unusual times. Simultaneously we have invested heavily in extending our stores, so that we are poised to reap the benefits of economic recovery in the coming years.’
Read more in the press release.
Download Half-year figures 2009
(4,9 MB)
On 16th July Sligro Food Group will publish her Half-year figures. This figures will be discussed at our press conference and in a meeting with analysts on July 16. Also a conference call will be hosted at 15.30 hours CET. The dial-in number is +31 70 30 43 328.
Sligro Food Group won the IR Magazine Award ‘Grand Prix for best overall investor relations’ in the European small or mid-cap category.
Huub van Rozendaal, CFO of Sligro Food Group, won the IR Magazine Award 'Best investor relations by a CFO' in the European small or mid-cap category.