Sligro Food Group sales for the first quarter of 2012 (13 weeks) totalled €577 million, an increase of €17 million or 3.0% compared with the sales of €560 million in the same period in 2011.
Organic sales growth accounted for all of the increase. Read more in the press release below.
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Sligro Food Group’s profit for the year came out at over €78 million, which was €8 million, or 11.4%, higher than in 2010. As reported on 4 January, sales in 2011 were 5.9% higher at €2,420 million. Organic sales growth came out at 3.7%.
Koen Slippens, CEO Sligro Food Group: "In a difficult economic climate we have invested large sums in our formats, our people and our back office, and have also managed to achieve profits well above our previous record. Those are good results and create a healthy basis for further success in the future. We propose increasing the dividend to €1.05 per share, of which €0.85 will be the normal dividend and €0.20 a variable element. It is thanks to our strong capital and liquidity that we are able to do this".
Read more in the press release or watch the presentation or explanation of the Annual figures bij CEO Koen Slippens.
The Annual General Meeting of Shareholders will be held on March 21, 2012, 11.00 am at the company's offices, Corridor 11, Veghel. For more information, see the page AGM Information.
The Dutch Association for Investor Relations (NEVIR) awarded Sligro Food Group for Leading Quoted Company for Investor Relations 2012 in the category AScX.
Sligro Food Group was chosen by an independent committee of experts on the basis of four key criteria: (1) accessibility, (2) expertise, (3) transparency and (4) best practice.
Sligro Food Group sales in 2011 amounted to €2,420 million, an increase of €134 million or 5,9 % (2010: €2,286 million).
Read more in the press release below.
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Sligro Food Group’s Annual figures 2011 will be published on 26 January 2012 before start of trading. The press release will be published on this website before the stock exchange opens.
Sligro Food Group announces that Johan Pardoel has decided to leave the Group on 1 March 2012.
Johan has been Director of Food Retail at Sligro Food Group since September 2008 and has decided to continue his career outside the food retail sector. Sligro Food Group will shortly start looking to appoint a successor. Johan will continue actively managing our food retail activities at the end of February 2012. Read more in the press release.
Sligro Food Group’s sales for the first three quarters (39 weeks) totalled €1,768 million, an increase of 6.0% (Q3: 5.5%) compared with €1,668 million in the same period in 2010.
Organic sales growth in the first nine months turned out at 3.1% (Q3: 2.7%). Read more in the press release.
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The net profit for the first six months amounted to almost €34 million, an increase of 20.3% compared with the corresponding period in 2010.
Sales in the first half of 2011 amounted to €1,185 million, an increase of 6.2%. On a like-for-like basis, sales grew by 3.3%. Read more in the press release or watch the video below.
On 21 July Sligro Food Group will publish her Half-year figures 2011. The press release will be published before the stock exchange opens.
Our figures can be discussed in a conference call at 15.30 hours CET. The dial-in number is: +31 10 2944 228.
Sligro Food Group sales for the first quarter of 2011 (13 weeks) totalled €560 million, an increase of €25 million or 4.6% compared with first-quarter 2010 sales of €535 million.
Organic sales growth in the first quarter of 2011 was 1.5%. Excluding the effect of the Easter holiday in 2010, sales were 2.7% higher. Read more in the press release.
Download Trading Update first quarter 2011
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