Sligro Food Group and HEINEKEN Netherlands move towards strategic partnership

Sligro Food Group N.V. and HEINEKEN Nederland B.V. have announced that they expect to reach agreement about a strategic partnership for beer and cider logistics in The Netherlands and the sale of other parts of the Heineken beverages wholesaler to Sligro Food Group.

As a result of the planned partnership, Sligro will carry out HEINEKEN’s logistics operations for the Dutch hospitality sector. This means that Sligro will process, store and deliver beer and cider orders placed by the hospitality sector for HEINEKEN, creating a one-stop shop for all beverages, food and non-food orders for hospitality sector customers. Not included in the partnership is the delivery of tank beer, which HEINEKEN will continue to do. This proposed partnership will make HEINEKEN Sligro’s number one partner for beer and cider.

In addition, as part of this proposed partnership, HEINEKEN will sell the wholesale operations of the other food and non-food range, including soft drinks, waters, spirits, wines, tea and coffee to Sligro. This transaction will boost Sligro’s wholesale sales by approximately €150 million. Sligro’s cash-and-carry sales and the retail sales of both partners are not included. The proposed partnership is intended to be long-term, initially for a period of 15 years. Parties aim to complete the transaction in the autumn.

Read more in the press releases.

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Sligro Food Group and HEINEKEN Netherlands move towards strategic partnership

Veghel, 2 May 2017 - The transaction concerning the takeover of ISPC Belgium by Sligro Food Group announced on 23 January 2017 was concluded today. Read the press release below. 

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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.

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Annual General Meeting of Shareholders, March 22, 2017 

The Annual General Meeting of Shareholders (AGM) of Sligro Food Group was held on Wednesday, March 22th, 2017 at the offices of the Company, Corridor 11, Veghel. 

Shareholders of Sligro Food Group were invited to attend the Annual Meeting, that took place on Wednesday, 22 March 2017, at the Company’s offices, Corridor 11, 5466 RB Veghel. See the agenda below.

Download AGM Agenda March 22, 2017
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Important dates, convocation, agenda and other documents can be found on the AGM Information page, under Investor Relations on this website. 

 

Publication Annual report 2016 

Sligro Food Group announces that the Annual report for 2016 is available with effect from today.

You can download the PDF below.

Download Annual report 2016
(5,4 MB)

For a copy of the report please click below for the full version in PDF. For more information or a hard copy of the Annual report, please contact us by sending an e-mail to Mieke van der Valk: mvdvalk@sligro.nl

 

Presentation Annual figures 2016

On Thursday, January 26, Sligro Food Group presented the Annual figures 2016 in Sligro Amsterdam. Watch the presentation below in PDF. 

Press conference
Thursday, January 26, 2017, 11.00 AM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht

Analyst Meeting
Thursday, January 26, 2017, 13.30 PM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht

Download Presentation Annual figures 2016
(3,9 MB)

 

 

Sligro Food Group 2016 net profit: €73 million 

The net profit for the year amounted to €73 million, which is a decrease of 9.1% compared with 2015. As stated in the press release of 4 January 2017, sales in 2016 amounted to €2,813 million, an increase of 5.4%. Discounting the effect of acquisitions and week 53 in 2015, organic growth was 2.3%.

CEO Koen Slippens: "The theme of 2016 was ‘Building the future’. As is often the case when you are building something, you have to make investments before you can reap the benefits. As previously stated, profit for 2016 was below the record year of 2015, which had 53 weeks, which means that we did not perform as well as we had expected at the beginning of the year.

The combination of strong organic growth and some excellent acquisitions meant that Foodservice sales rose sharply and again outperformed the market. We were unable to keep pace with market growth in Food Retail, however, where our market share declined to 2.6%. During the year, we narrowed the gap between us and market growth, thanks in part to the conversion of outlets to the EMTÉ 3.0 format and we now have 15 of these stores."

Read more in the press release or watch the video below.

Download Annual figures 2016
(114,1 kB)

Toelichting Jaarcijfers 2016 - Sligro Food Group

Annual report and Annual figures 

The 2016 Annual report will be published on 3 February 2017. In our trading update of 20 April 2017, we will address the developments in the first quarter of 2017 in more detail. The half-year figures will be published on 20 July 2017.

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Publication and Conference call Annual figures 2016

On 26 January, before start of trading, Sligro Food Group will publish the Annual figures of 2016. These figures will be discussed at our press conference and in a meeting with analysts. Below are the details and how you can sign up to attend a meeting. 

Meetings

Press conference
Thursday, January 26, 2017, 11.00 AM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht
Sign up: sent an e-mail to Mieke van der Valk: mvdvalk@sligro.nl

Analyst Meeting
Thursday, January 26, 2017, 13.30 PM
Location: Sligro Amsterdam, Van der Madeweg 39, Amsterdam-Duivendrecht
Sign up: sent an e-mail to Mieke van der Valk: mvdvalk@sligro.nl

Conference call

Also a conference call will be hosted at 15.30 hours CET. The dial-in number is: +31 20 531 5851. An operator will welcome you and make a registration. On Thursday the press release and the presentation will be available on this website. The presentation will be used during the call. Please, sent an e-mail to Mieke van der Valk, mvdvalk@sligro.nl if you want to participate.

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Sligro Food Group acquires Belgian wholesaler ISPC

Sligro Food Group N.V., Veghel (NL) and Alimax NV, Bavikhove (B), announce that they expect to reach agreement on the acquisition by Sligro Food Group of all the shares of Exquisite Food NV and its subsidiaries ISPC International NV, ISPC Ghent NV, Exquisite Seafood NV and Océan Marée NV, together known as ISPC.

ISPC is a leading Belgian hospitality wholesaler with combined cash-and-carry and delivery service outlets in Ghent and Liège. ISPC also has a fresh fish wholesale business in Brussels. In 2016, ISPC generated sales of €86million with 250 employees. ISPC has an extremely broad product rage, with a particular emphasis on fresh produce. ISPC operates primarily in the higher-end hospitality sector with a spin-off to the healthcare sector. Sligro Food Group expects the acquisition to contribute to earnings per share from 2018.

Read more in the press releases.

Download Acquisition ISPC
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Download Rachète ISPC
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Download Overname ISPC
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Sligro Food Group posts € 2,813 million sales in 2016

Sligro Food Group N.V.’s sales in 2016 amounted to € 2,813 million, an increase of 5.4% compared with sales in 2015 of € 2,670 million. 

Total Foodservice sales growth was 8.6% (Q4: 3.8%). The organic growth was 3.3% (Q4: 2.8%).
Total Food Retail sales declined by 1.7% (Q4: negative 5.0%). EMTÉ’s like-for-like consumer sales declined by 1.6% (Q4: negative 0.1%).

Read more in the press release below.

Download Sales Sligro Food Group 2016
(42 kB)

The complete full-year figures for 2016 will be published on 26 January 2017 before start of trading.

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