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

Revenue for Sligro Food Group N.V. for 2023 came in at €2,859 million

Revenue for Sligro Food Group N.V. for 2023 came in at €2,859 million, an increase of 15.2% compared to the €2,483 million in revenue in 2022. 8.8% of the increase was organic.

Result improvement in 2024

The operating result (EBIT) increased by €28 million to €43 million and profit rose from €6 million to €24 million. We succeeded in achieving a pleasing improvement in our result in a challenging market characterised by volume pressures and high cost inflation.

CEO Koen Slippens: 'At the start of the year, it was quickly apparent to us that market conditions would remain challenging, meaning that a strong focus on efficiency and cost reduction would be needed. Long-term high inflation led to restraint in consumer spending, which in turn put pressure on our customers’ volumes and, by extension, our volumes. Cost inflation was sharp, but through enhanced efficiency and focus, we were able to absorb the substantial increase in our procurement costs.

Due to pressure on their revenue model, our customers understandably looked even more closely at our performance as a supplier. So a great deal of attention was focused this year on meeting the required standard in our basic operations and making improvements wherever possible. We executed this very successfully in the Netherlands, and we will continue to give full attention in the coming period to supporting our customers in the challenges they experience. The processes to integrate and optimise the logistics of our overall infrastructure in Belgium that we started in the autumn of 2023 continued into 2024, finally reaching completion at around the mid-year mark. Our operational performance suffered in this phase, costing us customers and revenue. Today, though, our operations, management, control and infrastructure in Belgium are now at the level we have successfully applied in the Netherlands for many years. Based on the feedback we received from customers after the summer, we can be confident about 2025.

Through our vigilant focus on cost control in particular, we achieved a solid improvement in our operating result. The free cash flow was once again positive and the group’s financial position developed positively once again. Based on that result and our dividend policy, we propose a dividend for 2024 of €0.40 per share. Having already paid an interim dividend of €0.30 per share in 2024, a final dividend of €0.10 per share remains.

For us, 2025 is all about healthy revenue growth, against the trend, because we want to outperform general market growth in both countries. Operations are firmly in place in both countries and we see plenty of opportunities but, at the end of the day, the financial result is what counts. This is appropriately reflected in our theme for this year: Results count!'

Download the complete press release:

Press conference / Analyst meeting

Comments on the annual figures at a press conference and an analyst meeting on 27 March 2025.
11:00 AM: Press conference
01:30 PM: Analyst meeting
Location: Sligro, Van der Madeweg 39, 1114 AM Amsterdam

Download the presentation:

In our trading update of 17 April 2025, we will go into developments in the first quarter of 2025 in greater detail, and we will publish our interim figures on 17 July 2025.

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

2023 annual figures

In what was a turbulent year, we managed to increase our market share in both the Netherlands and Belgium. Operating performance improved, as a result of which EBITDA rose by €11 million to €137 million. Net profit for the financial year was negatively impacted by non-recurring expenses and amounted to €6 million for 2023.

CEO Koen Slippens: 'After experiencing considerable pressure on operations and a globally disrupted supply chain in 2022, 2023 was all about restoring stability. Our basic service provision needed to become better and also more efficient, partly in view of the continuing steep inflation in costs. All things considered, we succeeded, with substantially improved and above all consistent average service levels and on-time delivery.

Our customers needed and continue to need good and reliable service more than ever and we see further opportunities for improvement in this area in 2024. After all, despite the on average great performance in 2023, individual customers experience suboptimal service from time to time, which may be a reason for switching suppliers. Our competitors also struggled with the same issues. We welcomed many new customers, but also saw some leave. On balance, the outcome was positive for us and we gained market share in both markets.

The market is in the grip of change and our customers are increasingly price-sensitive. This is no surprise, seeing as high inflation is confronting them with rising costs in virtually every aspect of their business model. Moreover,
many of our customers saw consumers increasingly pare back spending in the ‘out of home’ channel. As a result, we had to keep a tight rein on pricing policy and support our customers through services and product range choices so that they could continue offering acceptable menu prices despite the price inflation. We believe we amply succeeded but this issue is set to persist into the future and thus demands our continued attention.'

Read more in the press release:

Press release, 2023 annual figures

Press conference / Analyst meeting

Comments on the annual figures at a press conference and an analyst meeting on 8 February.
11:00 AM: Press conference
01:30 PM: Analyst meeting
Sligro Amsterdam, Van der Madeweg 39

Presentation, 2023 annual figures

In our trading update of 18 April 2024, we will go into developments in the first quarter of 2024 in greater detail, and we will publish our interim figures on 18 July 2024.

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

Capital Markets Day

March 5, 2026

10:00 – 14:00
Location: ZiN Inspiration Lab, Corridor 11, Veghel
By invitation only, Dutch-language
15:30 – 16:30 CET
Call via Teams, English-language
Registration via email to Mandy Heesakkers, mheesakkers@sligro.nl

Presentation Capital Markets Day 2026

The General Meeting of Shareholders on Wednesday 14 May 2025.

Shareholders of Sligro Food Group N.V. are invited to attend the annual General Meeting, to be held on Wednesday, May 14, 2025, at 10:30 AM at the company's office, Corridor 11 (5466 RB) Veghel.

Click here for more information.

Revenue development stable in the Netherlands, decline halted in Belgium

Veghel, 16 October 2025 - Sligro Food Group N.V. posted revenue totalling €664 million for the third quarter of 2025, down €61 million on the same period last year due to the discontinuation of tobacco sales. In the Netherlands, revenue excluding tobacco sales rose 2.5%, putting cumulative revenue growth for the whole year to date at 2.5%. Revenue in Belgium remained flat compared to last year, which meant a cumulative drop of 5.0%.

Open here the full trading update Q3 2025

Based on our current market outlook and expectations for our own development on the market, we still view this year’s expected profitability range for the Group as a whole, as communicated in the half-year figures, as achievable.

On 8 January 2026, we will publish our revenue figures for 2025 as a whole, followed by our preliminary unaudited 2025 annual figures on 5 February 2026. On 26 March 2026, we will publish the (audited) annual report.

Open here the full trading update Q3 2025

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Please sent an e-mail with your name, address and e-mail to Vivienne de Jong: vd j ong @sligro.nl

Acquisition of part of Simon Loos’ transport activities completed

Sligro Food Group N.V. reports that the transaction for the sale of Simon Loos Transport B.V.’s current transport activities for Sligro Food Group to Sligro Food Group Transport B.V. and Koninklijke Euser B.V., as announced on 1 December 2023, was completed successfully today.

This means that the transport activities for the Sligro Delivery Service sites in Amsterdam, Berkel en Rodenrijs and Drachten have now been transferred to Sligro Food Group Transport B.V. The transport activities for the sites in Vianen, Vlissingen and Sluis have been transferred to Koninklijke Euser B.V.

Open here the press release in PDF.

Veghel, 2 January 2024

On behalf of Sligro Food Group N.V.

Koen Slippens, CEO
Rob van der Sluijs, CFO

Tel. +31 413 34 35 00

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Please sent an e-mail with your name, address and e-mail to:
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Sligro Food Group acquires part of Simon Loos’ activities

Sligro Food Group N.V., Simon Loos Transport B.V. and Koninklijke Euser B.V. announce that they expect to reach agreement on the sale of Simon Loos Transport B.V.’s current transport activities for Sligro Food Group to Sligro Food Group Transport B.V. and Koninklijke Euser B.V

As a result of this agreement, the transport activities for the Sligro Delivery Service sites in Amsterdam, Berkel en Rodenrijs and Drachten will be transferred to Sligro Food Group Transport B.V. and those for the sites in Vianen, Vlissingen and Sluis will be transferred to Koninklijke Euser B.V.

This transaction affects around 260 employees, with around 75% of these transferring to Sligro Food Group Transport B.V. and the other 25% moving over to Koninklijke Euser B.V. The proposed decision has no consequences for the terms of employment, employment situation or location of the affected employees. The works councils have each issued a positive recommendation on this proposed transaction.

Peter Appel, CEO of Simon Loos Transport: “For us, this decision stems from a strategic reorientation of our business going forward. Through this transfer, we are acting for the long term on our ambition to grow and direct our efforts most effectively towards our other business activities. We are confident that our staff are in good hands with our acquisition partners.”

Bas Euser, CEO of Koninklijke Euser: “It’s a wonderful, formidable expansion for us to join forces as a partner in business with our client Sligro Food Group and to take on this challenge. We are stronger together.”

Koen Slippens, CEO of Sligro Food Group: “This is a great step forward in our ambition to carry out part of our transport activities on our own through Sligro Food Group Transport. In our daily ordering and delivery process, it is our drivers who serve as the valuable last point of contact with our customers. In acquiring these activities, we are laying an important foundation for Sligro Food Group Transport.”

Open here the press release in PDF.

Veghel, 1 December 2023

On behalf of Sligro Food Group N.V.

Koen Slippens, CEO
Rob van der Sluijs, CFO

Tel. +31 413 34 35 00

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

2025 half-year figures

Strong second quarter leads half-year figures to profit

17 July 2025 - Over the first half of the year, revenue excluding tobacco products was up €12 million to €1,275 million. The fine spring weather gave revenue a positive boost in the second quarter and Belgium reached a turning point in revenue development. Although the combination of low growth in volume and a substantial cost inflation is having a dampening effect on the upward trend in our result, we are still taking steps forward. EBITDA was up €3 million to €58 million, with both our Dutch and Belgian operations showing an improvement in the result. Net profit came in at €2 million compared to a €1 million loss for the first half of 2024.

Koen Slippens, CEO: ‘As market conditions in the Netherlands and Belgium are still slow to recover, there was barely any volume growth in the market over the first half of the year. As a result, market growth still mainly comes from inflation. Things improved in the second quarter, helped by the fine spring weather.

In the Netherlands, we saw our revenue excluding tobacco products rise and, based on the definitions used by FoodService Instituut Nederland (FSIN), we outperformed the market as a whole. After we announced our acquisition of GEPU, revenue held up and we have been consolidating their figures into ours from June. The trend improved over the course of the months and we expect to be able to continue the trend in the second half of the year.

In Belgium, we saw a clear turning point in revenue development in the second quarter of this year. The second quarter showed only a minor drop in revenue compared to the same period last year and we expect to realise revenue growth in Belgium from the third quarter onwards.'

Download the complete press release and appendices (pdf):

In our trading update of 16 October 2025, we will go into revenue developments in the third quarter of 2025 in greater detail.

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 Vivienne de Jong: vdjong@sligro.nl

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