Revenue for Sligro Food Group N.V. for 2024 came in at €2,890 million
Veghel, 7 January 2025
Revenue for Sligro Food Group N.V. for 2024 came in at €2,890 million, an increase of 1.1% compared to the €2,859 million in revenue in 2023. The revenue increase was entirely organic.
Total revenue breaks down by segment as follows:
In the Netherlands, revenue was up by 2.6% (Q4: increase of 4.6%). The impact of the tobacco revenue was significant this year, although the impact decreased slightly in the fourth quarter. Excluding the tobacco, the revenue in the Netherlands increased by 0.4% (Q4: increase of 3.2%).
The tobacco revenue this year was €267 million (Q4: €63 million). The share of tobacco in our revenue increased this year, coming in at 9.2% of the total revenue compared to 7.4% in 2023. As of 2025 we will no longer sell any tobacco.
In Belgium, the decrease in revenue amounted to 7.8% (Q4: decrease of 7.8%). As anticipated, revenue remained below last year’s level in the fourth quarter compared to prior year, but we have observed an improving trend since the third quarter and a narrowing gap compared to previous year.
This press release on revenue has not been audited.
Sligro Food Group will publish its full annual results and annual report for 2024 prior to the opening of the stock exchange on 27 March 2025.
Download the press release PDF here
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Publication of the 2023 annual report
Sligro Food Group N.V.’s 2023 annual report (in Dutch) was published on 8 February 2024.
The English version was published on 15 February 2024.
Click here for the annual report website
Revenue for Sligro Food Group N.V. for 2023 came in at €2,859 million
Revenue for Sligro Food Group N.V. for 2023 came in at €2,859 million, an increase of 15.2% compared to the €2,483 million in revenue in 2022. 8.8% of the increase was organic.
Read more in the press release below.
Sligro Food Group will publish its full annual results and annual report for 2023 prior to the opening of the stock exchange on 8 February 2024.
Would you like to receive press releases of Sligro Food Group in your mailbox?
Please mail your name, address and e-mail to Charissa Kleij: ckleij@sligro.nl
Publication of the 2022 annual report
Sligro Food Group N.V.’s 2022 annual report (in Dutch) was published on 6 February 2023, in line with the information in our press release of 2 February 2023 on the 2022 annual figures.
The English version was published on 8 February 2023.
Click here for the annual report website
Revenue for Sligro Food Group N.V. for 2022 came in at €2,483 million
Revenue for Sligro Food Group N.V. for 2022 came in at €2,483 million, an increase of 30.8% compared to the €1,898 million in revenue in 2021. In the fourth quarter of 2022, revenue was up 26.8% on the previous year.
Read more in the press release below.
Sligro Food Group will publish its full annual results and annual report for 2022 prior to the opening of the stock exchange on 2 February 2023.
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Please mail your name, address and e-mail to Charissa Kleij: ckleij@sligro.nl
Revenue for Sligro Food Group N.V. for 2021 came in at €1,898 million
Revenue for Sligro Food Group N.V. for 2021 came in at €1,898 million, a decrease of 2.5% compared to the €1,946 million in revenue in 2020. In the fourth quarter of 2021, revenue was up 21.5% on the previous year.
Read more in the press release below.
Sligro Food Group will publish its full annual results and annual report for 2021 prior to the opening of the stock exchange on 3 February 2022.
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Net sales of Sligro Food Group N.V. in 2020 amounted to €1,946 million
A decrease of 18.7% compared with sales of €2,395 million in 2019.
Sales fell by 30.4% in the fourth quarter compared to last year. The entire fall was organic. Excluding the additional sales generated in the first half of 2020 from the acquisition of De Kweker (since July 2019), the cumulative organic decline was 20.5%.
Read more in the press release below.
Sligro Food Group will publish its complete full-year figures on 28 January 2021 before the opening of trading on the stock market.
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Sligro Food Group posts €2,394 million sales in 2019
Sligro Food Group N.V.’s sales in 2019 amounted to €2,394 million, an increase of 2.1% compared with sales of €2,346 million in 2018.
Read more in the press release below.
Download Sales 2019 Sligro Food Group
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The complete full-year figures for 2019 will be published on 23 January 2020 before start of trading.
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Presentation Annual figures 2019
On Thursday, January 23, Sligro Food Group presented the Annual figures 2019.
Profit growth in 2025
Modest recovery in our sales markets and cost control are leading to improvement in our profitability. The operating result (EBIT) increased by €11 million to €54 million and net profit rose by €6 million to €30 million. A strong balance sheet and good cash flow provide scope for dividend and share buyback.
CEO Koen Slippens: “Our sales markets showed a modest recovery this year. In the Netherlands, there was not only inflation but also some volume growth. The Belgian market also saw growth, but this remained purely inflation-driven. Cost inflation subsided, although we still faced some considerable price rises in logistics in particular. The cost-cutting measures we have taken in recent times enabled us to absorb these impacts comfortably and there was some scope to pass on these higher costs along the value chain.
The combination of profitability and improved working capital led to a strong cash flow. We were therefore able to make the planned capital investments in our digital ambitions and physical network, acquire GEPU, pay a dividend and further reduce our debt. Based on that result and our dividend policy, we propose a dividend for 2025 of €0.50 per share. As an interim dividend of €0.40 per share was already paid in 2025, a final dividend of €0.10 per share remains."
Key figures
* This is an alternative performance measure; see the appendix of the press release for further details.
Announcement of share buyback programme
We announce the introduction of a share buyback programme of up to €26 million, which will operate between 6 February 2026 and 14 November 2026 in addition to payment of the regular dividend. Shares repurchased under the programme will be cancelled.
We have appointed an independent financial intermediary to carry out the programme, with the authority to purchase up to 2,212,750 shares, equal to 5% of the Group’s issued share capital. The exact timing of the purchases will be determined independently by the financial intermediary, without any input from Sligro Food Group.
The programme will be run in accordance with the requirements of Article 5 of the Market Abuse Regulation (EU) No. 596/2014 and our articles of association. Operation of the programme is dependent on market conditions and may be suspended, changed or terminated at any time.
We will publish the progress of the programme weekly through press releases on this website
Download the complete press release:
Press conference / Analyst meeting
Comments on the annual figures at a press conference and an analyst meeting on 5 February 2026.
11:00 AM: Press conference
01:30 PM: Analyst meeting
Location: Sligro, Van der Madeweg 39, 1114 AM Amsterdam
Download the presentation:
Other important dates
Capital Markets Day: 5 March 2026
Trading update for Q1 2026: 16 April 2026
2026 half-year figures: 23 July 2026
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