The profit for the year 2008 came out at over €71 million, a fall of €3 million or 3.8% compared with 2007 although there was an increase of 10.2% if the non-recurring book profit of over €9 million in 2007 is excluded.
As reported on 2 January, sales in 2008 totalled €2,168 million, an increase of 4.9%. Organic growth in sales was 6.4%.
Koen Slippens, Executive Board Chairman, said, “In challenging market conditions, Sligro Food Group was able to achieve an underlying increase in results of 10% while at the same time considerably improving its financial position. We can be happy with that.”
Read more in the press release.