Trading Update first quarter 2017
Sligro Food Group N.V.'s sales for the first quarter of 2017 (13 weeks) were €669 million, an increase of €36 million or 5.8% compared with the figure of €633 million in 2016. Excluding the effect of acquisitions, sales were up by 2.5%.
Foodservice sales were up 8.6% in the first quarter. Excluding the effect of acquisitions, sales increased by 3.8%. Food Retail's sales were down 0.2% in the first quarter. Like-for-like consumer sales at EMTÉ supermarkets declined 1.2% in the first quarter. EMTÉ 3.0 stores are reporting better sales figures than the 2.0 format stores, but are still not performing as well as we had expected. In the second quarter, we will evaluate the trends at Food Retail and report in more detail when we release our half-year figures.
Read more in the press release below.Download Trading Update first quarter 2017
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