Sligro Food Group N.V. generated €468 million in revenue over the first quarter of 2022, up €140 million or 42.7% on the revenue of €328 million posted in the same period of 2021.
Over the quarter, we saw a sharp recovery in our revenues. While we were still in lockdown for most of
January, the week-over-week recovery that started in February culminated in revenue levels in virtually all customer segments, as well as our overall revenue, returning to pre-COVID levels by the end of March.
We expect our sales markets to continue their recovery over the coming quarters. Given that developments after the summer depend partly on how the situation in Ukraine unfolds, they are less easy to predict. We will be focusing primarily on the opportunities that the recovering market in the Netherlands and Belgium will offer us.
We are refraining from making any specific predictions for the half-year results. The half-year figures will be published on 21 July.
On behalf of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
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