Publication Annual report 2018

Jaarverslag 2018 sligro

The Sligro Food Group Annual report 2018 is published on 5 February 2019.

The Annual Report 2018 can be viewed in two ways:
1) Download the PDF:

Download Annual report 2018
(5,1 MB)

2) Online:

click here For more information or a hard copy of the Annual report, please contact us by sending an e-mail to Charissa Kleij: ckleij@sligro.nl

Annual General Meeting of shareholders

The General Meeting of Shareholders, AGM, will be held on March 20, 2019 at the offices of the Company, Corridor 11 Veghel, the Netherlands.

Click here for more information

Trading update first quarter 2019

Sligro Food Group N.V.’s sales for the first quarter of 2019 (13 weeks) were €528 million, an increase of €3 million or 0.5% compared with the figure of €525 million for the same period in 2018.

Adjusted for the date of Easter and the impact of the change in presentation of signing fees, there was an organic increase in sales in the Netherlands of 1.6%. In Belgium, there was an
organic increase in sales of 6.3%.

Sligro Food Group acquires De Kweker's wholesale activities in Amsterdam from Vroegop Ruhe & Co b.v.

Sligro Food Group N.V., Veghel, and VRC Holding B.V., Amsterdam, announce that they expect to reach agreement on the acquisition of the shares in Exploitatiemaatschappij Wheere B.V. by Sligro Food Group Nederland B.V. This will include the activities of Vroegop Ruhe & Co B.V., consisting of food wholesaler De Kweker, Vroegop AGF and freight company L.A.J. Duncker.

Food wholesaler De Kweker has a cash-and-carry warehouse at the Food Center Amsterdam (‘the wholesale market’) and focuses mainly on the restaurant sector in the Amsterdam urban area. The warehouse will, in the future, continue its activities with the same successful positioning and under the De Kweker name. The delivery activities will be integrated into Sligro’s existing Amsterdam delivery service once the floor space has been extended.

Presentation Capital Markets Day

On Wednesday 15 May 2019 we held our Capital Markets Day in Antwerp, Belgium. Use the download below for the presentation.

Download Presentation Capital Market Day, 15 May 2019
(6,6 MB)

Acquisition of De Kweker's parent company finalised

Sligro Food Group N.V. reports that the transaction announced on 7 May 2019 to acquire the shares in Exploitatiemaatschappij Wheere B.V. by Sligro Food Group Nederland B.V. has been finalised. This includes the activities of Vroegop Ruhe & Co B.V., consisting of food wholesaler De Kweker, Vroegop AGF and freight company L.A.J. Duncker.

Download Acquisition of De Kweker's parent company finalised
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Half-year figures 2019: net profit €13 million

Sales in the first half of 2019 were €1,135 million, up 0.4% on the corresponding period in 2018. Operating profit from continuing operations fell €13 million to €18 million. Net profit from continuing operations declined by €12 million to €13 million in the first six months of the year.

Koen Slippens, CEO: "The economic climate in the Netherlands and Belgium cooled considerably in the first half of the year. The decline in consumer confidence in both countries once again looks to be a predictor of market trends. In the Netherlands, we witnessed a slight upturn in the market, which is primarily price-driven. In Belgium, the market is contracting. There was a substantial rise in logistics, energy and staff costs.
All in all, these are challenging conditions for us and our competitors and so it is important that we make progress for the future, but at the same time steer the business through the current market.

In the Netherlands, sales increased in line with the market and we were able to absorb price increases in the operation to a reasonable extent. In addition to our day-to-day operations, we are working on a number of large projects such as our SAP implementation and the integration of Heineken. The carve-out of retail was also completed at the end of June. The combination of these activities has meant, however, that we have not yet reduced the costs of our central organisation to the extent we feel is necessary to absorb the loss of cover from retail.

In Belgium, we significantly outperformed the market, partly thanks to the good progress we have made with our new outlet in Antwerp in the course of the first six months of the year. We know that sales in Antwerp need to grow further to achieve break-even operations. In addition, we are building on our infrastructure and a single head office organisation for Sligro Food Group Belgium. In Belgium, too, we need to make investments so that we can reap the benefits later."

Read more in the press release below.

Download Half-year figures 2019
(247,3 kB)

Would you like to receive press releases of Sligro Food Group by e-mail? Please sent an e-mail with your name, address and e-mail to Charissa Kleij: ckleij@sligro.nl

Press release 19 September 2019

Sligro Food Group has received an announcement of a possible claim directed against it by the Jumbo and Coop consortium, arising from the transaction for the sale of EMTÉ to that consortium in 2018. According to the consortium, EMTÉ’s gross profit margin did not develop as they expected in the phase following the transaction.

Sligro Food Group does not accept, and distances itself from, the allegations made by the consortium on this theme. At this stage we have no knowledge of the size of the possible claim.

Sligro Food Group is preparing for the next steps in this process and faces any potential legal proceedings with great confidence.

Veghel, 19 September 2019

On behalf of the Executive Board of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluiojs, CFO

Download Press release 19 September 2019
(115 kB)

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

Trading update third quarter 2019

Sligro Food Group N.V.’s sales for the first three quarters (39 weeks) of 2019 were €1,740 million, an increase of 1.1% (Q3: 2.3%) compared with €1,722 million for the corresponding period in 2018. Excluding the effect of acquisitions and the impact of IFRS 15, sales declined by 0.4% (Q3: -2.5%) .

Publication of the 2023 annual report

Sligro Food Group N.V.’s 2023 annual report (in Dutch) was published on 8 February 2024.

The English version was published on 15 February 2024.

Click here for the annual report website

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