District Court of Amsterdam rejects all of Jumbo and Coop's claims
In the substantive proceedings initiated by the Jumbo & Coop consortium in relation to the transaction regarding the sale of EMTÉ in 2018, the District Court of Amsterdam issued its judgment on 10 November 2021. We received this judgment today.
The court rejects Jumbo and Coop’s claims in their entirety and orders them to pay the costs of the proceedings. We are pleased with this judgment, which is entirely in line with expectations previously expressed by Sligro Food Group.
Veghel, 11November 2021
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Download Trading Update Q3 2021
Trading update third quarter 2021
Total net sales break down by segment as follows:
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In the third quarter of 2021, we saw strong recovery in virtually all customer segments of our sales markets. While corporate catering, the event industry and healthcare still lagged behind, we are seeing some gradual recovery there as well. Both in the Netherlands and Belgium, we have a relatively strong position in these customer segments.
Where tobacco sales rose sharply last year, we saw a €36 million drop in tobacco sales over the first three quarters of this year, partly due to changes in legislation.
Developments in net sales in other customer segments partly make up for this. Moreover, this net sales development is increasingly reinforced by our new platform of one order, one delivery, and one invoice that we run in collaboration with our partner Heineken.
Once the final remaining restrictions are lifted, our sales will bounce back to close to pre-COVID levels.
Over the first nine months of this year, net sales declined by 26% from the pre-COVID levels. In the third quarter, this decline levelled out somewhat to 10%.
Download Trading Update Q3 2021
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Trading update first quarter 2021
In the first quarter of 2021, Sligro Food Group N.V. generated net sales of €328 million, a reduction of €205 million or 38.4% compared to the €533 million in net sales posted in the same period in 2020.
Our markets were still greatly affected by the COVID-19 measures in place in the first quarter of 2021, with net sales down by 50% in the first quarter compared to the pre-COVID-19 situation. However, Sligro Food Group performed slightly better than this figure, with a 43% reduction in net sales compared to pre-COVID-19 levels. Although this is a significant drop, which is greater than during the two lockdown periods in 2020, it does mean we have once again reinforced our relative market position.
Read more in the press release below.
Download trading update first quarter 2021
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Trading update third quarter 2020
Sales fell by 9.5% in the third quarter of 2020 compared with last year. The entire fall was organic. Cumulatively, sales for the first three quarters of 2020 were down by 14.4%. 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 16.8%.
Our markets in the Netherlands and Belgium have suffered considerably from government measures to prevent the spread of Covid-19. These significantly affected sales in the second quarter but the third quarter showed a strong recovery, partly as a result of the good summer. The recently announced measures in the Netherlands and Belgium mean that a new setback in sales can be expected in the fourth quarter.
We are nevertheless encouraged by the fact that we have been relatively less badly affected in these circumstances than other players in the market. Our market leadership in the Netherlands, major regional presence, combination of cash-and-carry and delivery service and widely diversified customer portfolio all contribute to our substantial outperformance of market (down 31.9% to 6 September, according to Foodstep) and so we are gaining market share. Our position is different in the Belgian market but there too we are performing better than average thanks to our customer portfolio mix, with a relatively large share in the care and cure market segment. This strengthens our belief that we will be able to recover quickly once the worst effects of Covid-19 have passed and may benefit from a possible further consolidation in the markets in both countries.
Download Trading Update Q3 2020
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Trading update first quarter 2020
Sligro Food Group N.V.'s sales for the first quarter of 2020 were €533 million, an increase of €5 million or 1.0% compared with the figure of €528 million for the same period in 2019.
In mid March , the governments of t he Netherlands and Belgium put a range of measures in place to limit the spread of covid 19. Those measures closed down the operations of the majority of our customers and consequently a significant portion of our sales disappeared overnight.
Read more in the press release below.
Download Trading Update first quarter 2020
(106,8 kB)
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Annual General Meeting of Shareholders on 9 June 2020
Pursuant to the provisions of the COVID-19 Justice and Security (Interim Measures) Act (Tijdelijke wet COVID-19 Justitie en Veiligheid), the Meeting can only be accessed electronically.
This means that it will not be possible to attend the Meeting in person but it can be followed on a livestream. Although this will not be interactive, shareholders it will be able to submit
written questions before the meeting and to grant a proxy and issue voting instructions.
Click here for the procedures, convocation, agenda and related documents.
Protocol for questions before and during the AGM
Protocol for questions before and during the AGM on 9 June 2020
Pursuant to the provisions of the COVID-19 Justice and Security (Interim Measures) Act (Tijdelijke wet COVID-19 Justitie en Veiligheid), the Meeting can only be accessed electronically.
This means that it will not be possible to attend the Meeting in person but it can be followed on a livestream. Although this will not be interactive, shareholders will be able to submit
written questions before the meeting.
Analysts meeting and Teams call
On Thursday 21 July 2022, Sligro Food Group will publish the Half-year figures 2022.
Analysts meeting
The figures will be discussed in our meeting with analysts, at 13.30 hour.
If you wish to attend the analysts meeting (in Dutch) send an email to Charissa Kleij: ckleij@sligro.nl
Click here for the presentation
Location
Sligro Cash & Carry Amsterdam
Van der Madeweg 39
1115 RD Amsterdam-Duivendrecht
Teams call
Also a Teams call (in English) will be hosted at 3:30 PM CET / 2:30 PM UK / 09:30 AM EST
Would you like to participate in this call? Send an email to Charissa Kleij ckleij@sligro.nl and she will send you a Teams link.
Half-year figures 2020 and conference call
On Thursday 23 July 2020, Sligro Food Group published the Half-year figures 2020.
Analysts meeting
The figures will be discussed at our meeting with analysts, at 13.30 hour. If you wish to attend the analysts meeting (in Dutch) sent an e-mail to Charissa Kleij: ckleij@sligro.nl
Location
Sligro Amsterdam
Van der Madeweg 39
1115 RD Amsterdam-Duivendrecht
Download Presentation Half-year figures 2020
(6,5 MB)
Conference call
Also a conference call (in English) will be hosted at 15:30 PM CET / 14:30 PM GMT / 09:30 AM EDT
Please dial in by using one of these numbers:
Netherlands: +31 20 531 58 51
US: +1 866 349 6093
United Kingdom: +44 20 3365 3210
Belgium: +32 2 400 60 09
Germany: +49 692 222 147 09
An operator will welcome you and put you in the event. Participants are able to dial in 15 minutes prior to the meeting.
2025 half-year figures
Strong second quarter leads half-year figures to profit
17 July 2025 - Over the first half of the year, revenue excluding tobacco products was up €12 million to €1,275 million. The fine spring weather gave revenue a positive boost in the second quarter and Belgium reached a turning point in revenue development. Although the combination of low growth in volume and a substantial cost inflation is having a dampening effect on the upward trend in our result, we are still taking steps forward. EBITDA was up €3 million to €58 million, with both our Dutch and Belgian operations showing an improvement in the result. Net profit came in at €2 million compared to a €1 million loss for the first half of 2024.
Koen Slippens, CEO: ‘As market conditions in the Netherlands and Belgium are still slow to recover, there was barely any volume growth in the market over the first half of the year. As a result, market growth still mainly comes from inflation. Things improved in the second quarter, helped by the fine spring weather.
In the Netherlands, we saw our revenue excluding tobacco products rise and, based on the definitions used by FoodService Instituut Nederland (FSIN), we outperformed the market as a whole. After we announced our acquisition of GEPU, revenue held up and we have been consolidating their figures into ours from June. The trend improved over the course of the months and we expect to be able to continue the trend in the second half of the year.
In Belgium, we saw a clear turning point in revenue development in the second quarter of this year. The second quarter showed only a minor drop in revenue compared to the same period last year and we expect to realise revenue growth in Belgium from the third quarter onwards.'
Download the complete press release and appendices (pdf):
In our trading update of 16 October 2025, we will go into revenue developments in the third quarter of 2025 in greater detail.
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