Trading update first quarter 2025

Modest growth in a slow-starting market

Veghel, 16 April 2026 - Sligro Food Group N.V. recorded revenue of €578 million in the first quarter of 2026, up €4 million on the revenue of €574 million posted in the first quarter of 2025.

In the Netherlands, we outperformed the market, achieving growth of 0.8% year on year. Our existing customers purchased lower volumes on average, which we offset through the acquisition of new regional customers. The acquisition of GEPU in mid‑2025 contributed €3 million in revenue.

In Belgium, similar to the Netherlands, we see that our existing customers continue to experience pressure in the current market. This is evident among our largest delivery customers, but particularly among smaller local food professionals in self‑service. From March onwards, we were more than able to compensate for this through the start‑up of (partly acquired last year) newly contracted customers. Overall, revenue in Belgium for the first quarter remained in line with last year.

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We do not provide specific forecasts regarding the results for the first half-year. The half-year figures will be published on 23 July.

On behalf of Sligro Food Group N.V.

Koen Slippens, CEO
Rob van der Sluijs, CFO

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