2022 annual figures
As stated in our press release on revenue dated 4 January 2023, Sligro Food Group N.V.’s annual revenue for 2022 amounted to €2,483 million, an increase of 30.8% compared to the €1,898 million in revenue that we achieved in 2021. Net profit for the financial year was €39 million, up €19 million (94%) compared to the previous year.
Sligro Food Group acquires Metro activities in Belgium
In the court-supervised restructuring proceedings for Makro Cash & Carry Belgium NV, the court in Antwerp today authorised the court-appointed judicial trustees to sell the majority of the Metro activities in Belgium to Sligro Food Group.
Sligro Food Group is taking over nine Metro wholesalers (Antwerp South, Wevelgem, Liège, Hasselt, Middelkerke, Namur, Sint-Katelijne-Waver, Brussels and Vorst) and around a hundred employees from the regional network and head office. In addition, staff from the Antwerp North outlet, which will not be taken over, will be offered a job at the nearby Sligro-ISPC outlet in Antwerp. The outlet in Evergem and the staff working there will be transferred to food service market wholesaler Van Zon. In this combination, 506 Metro employees are being offered job continuity and stability.
An amount of €47 million is being paid for the outlets Sligro Food Group is acquiring, which includes the Liège site property. On the day before the Metro activities are transferred to Sligro Food Group, the value of the remaining inventories and the available cash will be determined. The current inventories will be acquired at 75% of the net procurement value and the cash at the nominal value.
This transaction requires the approval of the Belgian Competition Authority (BCA). The BCA has already invested a great deal of time and energy in investigating the market consequences during the course of the court-supervised restructuring. On the basis of its investigation, the BCA has issued an ‘unconditional decision to grant an exemption’, which means that this transaction can go ahead immediately. The BCA will formally complete its investigation in the near future; at this time no significant obstacles are expected to emerge from this investigation.
Click here for the full press release >>>
Veghel, 7 December 2022
On behalf of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
The Sligro Food Group Belgium focusses on the construction of a new distribution centre in Evergem
The Sligro Food Group Belgium, which consists of JAVA Foodservice and Sligro-ISPC, is taking the next step in its growth as a leading food service wholesaler, with the firm backing of its Sligro Food Group parent company.
Hard work is currently going into the construction of a brand new distribution centre in Evergem for our Food Service customer deliveries. This centre will have an impressive surface area of 16,500 m². Sustainability is of paramount importance: gas-free, solar panels and heat recovery are just a few of the facilities the centre will offer.
The expansion is needed in order to really benefit every food professional and to be able to optimally deliver to Belgium’s delivery-service customers.
Evergem can offer the perfect base to service the West of Belgium: West and East Flanders and the West of Brussels and Hainaut.
The turnover created will offer the opportunity to continue to grow. The expected completion is expected in the spring of 2023.
Visit the site on Monday 5th December
Visit the advanced construction site in Evergem on Monday 5th December. We’ll be celebrating this new milestone with a drink and a snack.
Practical:
What? A festive gathering with a drink and a snack
Where? Pachtgoederen, 9940 Evergem
When? Monday 5th December 2022 from 11.30 to 14.00 hours
The Sligro Food Group has formally registered as an interested party for Metro's activities in Belgium
The Antwerp corporate court granted the request for protection against creditors and a judicial reorganisation of Makro Cash & Carry Belgium NV/SA and for court-appointed administrators to supervise this process on Tuesday 14th September. Makro Cash & Carry Belgium NV/SA includes both the Makro and Metro cash & carry activities in Belgium. It’s actually quite striking that the apparently strongly interwoven Metro Delivery Service NV/SA entity doesn’t form part of this procedure.
We had previously already made it clear that the Sligro Food Group had identified opportunities where the Metro activities were concerned. We therefore decided to formally register as an interested party with the court-appointed administrators.
The court-appointed administrators started a process to enable the sale of all or parts of these activities to interested parties. This process will be completed during the forthcoming months, during which time we will investigate whether and, if so, how and under what conditions we can combine Metro’s activities with the Sligro Food Group’s activities and subsequently offer a future to many of the Metro employees.
We’re currently not in a position to make concrete statements about the possible outcomes of this process.
Veghel, 10th October 2022
On behalf of the Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
Tel. +31 413 34 35 00
Successful go-live of SAP in Sligro-ISPC Antwerp
Last week, Sligro Food Group successfully switched the Sligro-ISPC site in Antwerp to a new ERP environment based on SAP.
The new web environment was launched in 2020 and the new item data environment was brought into use in the autumn of 2021. And now the third major building block, the ERP system including the associated systems, is live.
Rob van der Sluijs, CFO: ‘We see this new integrated technical environment and the associated uniform business processes as a prerequisite for controlled international growth, where economies of scale can be used to increase efficiency. We are extremely proud of the perseverance and commitment of all staff and partners who have helped us in this journey and will continue to support us during the rollout.’
In the coming years, sites in Belgium and the Netherlands will be transferred one by one to this new environment so that ultimately the Group will be using a single integrated platform with uniform business processes.
As of this month, capitalised costs of €55 million to date will be amortised over a period of five years.
Veghel, 28 November 2022
On behalf of Sligro Food Group N.V.
Koen Slippens, CEO
Rob van der Sluijs, CFO
Recovery of revenue and result, dividend policy reinstated
Group revenue for the first half of 2022 totalled €1,129 million, an increase of 43.3% compared to the same period in 2021 (Q2: increase of 43.7%). Group EBITDA increased by €30 million to €65 million. Net profit for the first six months was €23 million.
Sligro
The one-stop-shop for the Belgian food professional
Sligro supplies food service companies in Belgium with a complete range of fresh, food and non-food products. As part of Sligro Food Group, Sligro today has branches in Antwerp, Ghent and Liège.
As a food professional, you face many daily challenges in terms of purchasing, quality and more. Sligro offers you a one-stop shop where you can find everything you need for the success of your business or kitchen. You can come to us for the widest product range, inspiration and tailor-made advice.
Each Sligro site has 13 departments, each with a specific product range. We provide both an experience and inspiration with excellent products in the open delivery service locations. A customer-friendly ordering system and advanced, air-conditioned trucks ensure our unique products and services are delivered both quickly and correctly.
Fresh partners
We work together with a number of fresh produce partners, which allows us to offer our customers the very best quality. They all have their own speciality. This ensures no valuable knowledge is lost and that the quality of the freshest products remains guaranteed. Meet our fresh partners!
SmitVis
SmitVis can supply top quality fish due to a daily supply from the large fish auctions.
Smeding
Smeding has been a potatoes, vegetables and fruit supplier for 80 years.
Hunt
Hunt supplies a delicious range of game and poultry.
Kaldenberg
Slagerijen Kaldenberg has specialised in processing quality meat since 1959.
Company details
Sligro Antwerp
Straatsburgdok-Zuidkaai 8
2030 Antwerp - Belgium
+32 (0) 3 231 11 01
Sligro Ghent
Ottergemsesteenweg Zuid 720
9000 Ghent - Belgium
+32 (0)9 241 51 11
Sligro Liege
Route de Liers 125
4042 Herstal-Liers - Belgium
+32 (0)4 278 92 92
JAVA Foodservice
JAVA Foodservice offers total solutions for the cure & care and institutional market and supplies all products which a food professional would need in those markets.
We want to make a difference in catering operations by helping every chef, dietician, buyer and facility manager to progress and achieve results together.
Who is JAVA Foodservice?
JAVA Foodservice likes to provide inspiration during training courses, during JAVA ON THE ROAD, by using themed folders and by offering various different dishes and menus.
Check out the JAVA Foodservice website
Be sure to follow us on Twitter, Facebook, Instagram or LinkedIn.
Company details
Address
Wingepark 10
3110 Rotselaar – Belgium
+32 (0)16 58 99 00
Email: info@javafoodservice.be
https://www.javafoodservice.be/
SLIGRO FOOD GROUP NET PROFIT €29 MILLION
Sales from continued operations in the first half of 2018 were €1,131 million, up 11.0% on the corresponding period in 2017. Organic sales declined by 0.1%, partly as a result of a change in reporting rules. Operating profit from continued operations fell €2 million to €31 million. Net profit from continued operations declined by €1 million to €25 million in the first six months of the year. The Group’s net profit, including discontinued operations, increased by €1 million to €29 million.
Koen Slippens, CEO: “After a difficult start to the year, we closed the first half of the year with two fantastic summer months. We are seeing net growth in our sales markets, even though it doesn’t appear to be as strong we had originally expected. At Foodservice, the first six months of the year were dominated by the acquisition of the Heineken wholesale operations. Our first priority is of course to look after our joint customers and to ensure continuity of operations. In addition, we are working hard on the preparations for the further integration of the activities, due to start later this year. There is a strong belief in the partnership and we are seeing the opportunities for sales and logistical benefits over the next few years confirmed. The preparations for the opening of Sligro-ISPC in Antwerp and the launch of our IT transition, both scheduled for later this year, are fully under way.
At Food Retail, the first half of the year was dominated by the sale of the activities and the preparations for the transfer of activities. This resulted in the completion of the transaction on 2 July 2018 and a smooth transfer of the operation to the buyers. We have great respect for our many EMTÉ colleagues, who have continued to work with great passion and commitment throughout this difficult period.”
SLIGRO FOOD GROUP Q3 TRADING UPDATE
Sligro Food Group N.V.’s sales for the first three quarters (39 weeks) of 2018 were €1,722 million, an increase of 11.1% (Q3: 11.4%) compared with the figure of €1,550 million in 2017. Excluding the effect of acquisitions, sales rose 1.0% (Q3: 3.3%).