Sligro Food Group sells EMTÉ to consortium of Jumbo and Coop and becomes supplier to La Place

Veghel, 5 March 2018 - Sligro Food Group N.V., Jumbo Groep Holding B.V. and Coop Holding B.V. are pleased to announce that they expect to reach agreement on the sale of all the shares in EMTÉ Holding B.V. and its subsidiaries, EMTÉ Supermarkten B.V., EMTÉ Franchise B.V. and EMTÉ Vleescentrale B.V., by Sligro Food Group to the consortium of Jumbo and Coop. Sligro and Jumbo also expect to reach agreement on a long-term contract positioning Sligro as preferred supplier of La Place.

The proposed sale involves EMTÉ’s 130 supermarkets, its retail distribution centres in Kapelle and Putten, its meat plant in Enschede and its supporting operational and commercial departments at the head office in Veghel. In 2017 EMTÉ’s net sales were €828 million. Approximately 6,200 employees or approximately 2,700 FTEs are involved in these activities. In addition, the intention is to sell EMTÉ’s supermarket real estate to the same consortium simultaneously in a separate transaction. EMTÉ owns 27 retail sites.

The basic assumption for this transaction is that ultimately 2/3 of the EMTÉ business will be integrated into Jumbo and 1/3 into Coop. Jumbo and Coop have previously worked together successfully on acquisitions and are looking forward to this integration with confidence. Parties aim to complete the transaction in the course of 2018. All employees involved will move to the consortium.

Read more in the press release (English, French or Dutch)

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Annual General Meeting of Shareholders, March 21, 2018

The Annual General Meeting of Shareholders (AGM) of Sligro Food Group is held on Wednesday, March 21th, 2018 at the offices of the Company, Corridor 11, Veghel.

Shareholders of Sligro Food Group are invited to attend the Annual Meeting, on Wednesday, 21 March 2018, at the Company’s offices, Corridor 11, 5466 RB Veghel.

Important dates, convocation, agenda and other documents can be found on the AGM Information page, under Investor Relations on this website.

Publication Annual report 2017

Sligro Food Group announces that the Annual report for 2017 is available with effect from today.

For a copy of the report please click below for the full version in PDF.

For more information or a hard copy of the Annual report, please contact us by sending an e-mail to Mieke van der Valk: mvdvalk@sligro.nl

Download Annual report 2017
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Sligro Food Group 2017 net profit: €81 million

Net profit for the year amounted to €81 million, which is an increase of 9.9% compared with 2016. Sales in 2017 amounted to €2,970 million, an increase of 5.6%. Excluding the effect of acquisitions, organic growth was 2.1%.

CEO Koen Slippens: "Keep Building the Future” was the theme for 2017. We can look back with satisfaction on the way we have done this with the start of a long-term strategic partnership with HEINEKEN, the acquisition of ISPC, the start of work on the Sligro-ISPC building in Antwerp and preparations for the new international organisation structure, our management model and the replacement of our entire IT landscape. Foodservice again outperformed the market and, according to FSIN, our market share in the Netherlands grew to 24.4%. Food Retail is still lagging behind the market and we saw our market share fall to 2.5%."

Read more in the press release or watch the video below.

Download Annual figures 2017
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Explanation Annual figures 2017 - Sligro Food Group

Annual report

The 2017 Annual Report will be published on 2 February 2018. In our trading update of 19 April 2018, we will address the developments in the first quarter of 2018. The half-year figures will be published on 19 July 2018.

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 Mieke van de Valk: mvdvalk@sligro.nl

Presentation Annual figures 2017

On Thursday, January 25, Sligro Food Group presented the Annual figures 2017 in Sligro Amsterdam. Watch the presentation below in PDF.

Press conference
Thursday, January 25, 2018, 11.00 AM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht

Analyst Meeting
Thursday, January 25, 2018, 13.30 PM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht

Download Presentation Annual figures 2017
(4,8 MB)

Conference call

Also a conference call will be hosted at 15.30 hours CET. The dial-in number is: +31 20 531 5851. An operator will welcome you and make a registration. The presentation will be used during the call. Please, sent an e-mail to Mieke van der Valk, mvdvalk@sligro.nl if you want to participate.

Publication and conference call annual figures 2017

On 25 January, before start of trading, Sligro Food Group will publish the annual figures of 2017. These figures will be discussed at our press conference and in a meeting with analysts. Below are the details and how you can sign up to attend a meeting.

Meetings

Press conference
Thursday, January 25, 2018, 11.00 AM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht
Sign up: sent an e-mail to Mieke van der Valk: mvdvalk@sligro.nl

Analyst Meeting
Thursday, January 25, 2018, 13.30 PM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht
Sign up: sent an e-mail to Mieke van der Valk: mvdvalk@sligro.nl

Conference call

Also a conference call will be hosted at 15.30 hours CET. The dial-in number is: +31 20 531 5851. An operator will welcome you and make a registration. On Thursday the press release and the presentation will be available on this website. The presentation will be used during the call. Please, sent an e-mail to Mieke van der Valk, mvdvalk@sligro.nl if you want to participate.

Would you like to receive press releases of Sligro Food Group in your mailbox? Please mail your name, address and e-mail to Mieke van de Valk: mvdvalk@sligro.nl

Sligro Food Group posts €2,969 million sales in 2017

Sligro Food Group N.V.’s sales in 2017 amounted to €2,969 million, an increase of 5.6% compared with sales of €2,813 million in 2016.

Total Foodservice sales growth was 7.8% (Q4: 10.4%). Organic growth was 3.0% (Q4: 2.5%). At Food Retail, total growth in sales was 0.1% (Q4: 0.8%). EMTÉ’s like-for-like consumer sales rose by 0.2% (Q4: 1.9%).

Announcement publication Turnover 2017

Sligro Food Group will publish the final turnover for 2017 on Wednesday 3 January, before trading hours.

De Jaarcijfers 2017 worden op donderdag 25 januari, voorbeurs, gepresenteerd.

Wilt u in de toekomst persberichten ontvangen van Sligro Food Group? Mail dan uw gegevens naar Mieke van der Valk: mvdvalk@sligro.nl

Strategic partnership agreement

Sligro Food Group N.V. en HEINEKEN Nederland B.V. announce that following a previous letter of intent and approval by the Netherlands Authority for Consumers & Markets (ACM), final agreement has been reached concerning the strategic partnership announced on 9 May 2017 for beer and cider logistics in the Netherlands and sale of other parts of the HEINEKEN beverages wholesaler to Sligro Food Group.

Sligro Heineken

Koen Slippens, CEO Sligro Food Group:
“We’re proud that both market leaders are entering into this special partnership. There will now be an intensive start-up phase, followed by an integration period that will take three to
four years. To make combined beverage and drink deliveries a reality, over the next few years we will be investing around €80 to €100 million in an integrated state-of-the-art distribution
network. We expect to be able to achieve full synergy.”

Pascal Gilet, General Manager HEINEKEN Netherlands:
“This partnership means that both parties can join forces with the aim of providing our customers with even better service. 2018 will primarily be a transition year in which we will gradually see the benefits for our joint customers, whilst maintaining quality and maximum service levels. At HEINEKEN Netherlands, we are looking forward to concentrating fully on our core competencies: brewing, packaging, selling and building fantastic beer and cider brands.”

Read the press release below.

Download Agreement Sligro-Heineken
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Trading update third quarter 2017

Sligro Food Group N.V.'s sales for the first three quarters (39 weeks) of 2017 were €2,166 million, an increase of 4.8% (Q3: 2.6%) compared with the figure of €2,067 million in
2016. Excluding the effect of acquisitions, sales were up by 2.1% (Q3: 0.2%).

Foodservice sales were up by 6.9% (Q3: 4.2%). Excluding the effect of acquisitions, sales showed a 3.1% increase (Q3: 0.4%). Food Retail sales were down 0.2% (Q3: down 1.6%). Like-for-like consumer sales at EMTÉ supermarkets were down by 0.4% (Q3: down 0.6%).