Sligro Food Group NV
SLIGR
ISIN NL0000817179 / Valor 3029618
Sligro Food Group NV
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About company
Sligro Food Group NV is a Netherlands-based company primarily engaged in the distribution of food and beverages. The company operates through two main segments: food retail and food service. Its food retail business is conducted via EMTE supermarkets, while its food service division caters to institutional customers, the hospitality industry, catering companies, and other large-volume users through a network of cash-and-carry and delivery service outlets. Sligro Food Group also owns production facilities for certain specialized products, enhancing its product offerings. The company generates the majority of its revenue from its food service operations, with a significant portion of its business concentrated in the Netherlands, although it also has a presence in Belgium.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (07.02.2026):
Sligro Food Group NV — full-year 2024 results (FY2024 / year ended 2024, reported in the 2024 annual report). The Group reported revenue of €2,890m (up 1.1% vs. 2023), EBITDA of €138m, EBIT of €43m (substantially higher than €15m in 2023) and net profit of €24m. Management says the profit improvement was driven mainly by cost savings and operational fixes (including Belgian integration), while volumes remained under pressure from weak consumer confidence and elevated inflation.
Key financials
Revenue €2,890m (+1.1% vs. 2023). EBITDA €138m (margin 4.8%). EBIT €43m (margin 1.5%), up €28m year-on-year. Net profit €24m (vs. €6m in 2023). EBITA €69m. Organic net sales growth reported at 1.1%.
Cash flow and investments
Net cash from operating activities €97m (down from €142m). Free cash flow €29m (‑10% vs. 2023). Net investments €38m (capex). Net interest-bearing debt €459m. Free cash flow was used to pay an interim dividend (€13m) and reduce debt.
Dividend
Management proposes a full-year dividend of €0.40 per share (60% payout policy): interim €0.30 already paid, final proposed €0.10 per share.
Drivers of the result
Improvement mainly from cost-saving measures and operational efficiency. Belgium integration (creating a BeNe organisation and harmonised Belgian product range) completed mid‑2024 but caused one-off integration costs and temporary operational disruption; these changes are expected to support future profitability.
Operational notes
Sligro stopped selling tobacco at cash‑and‑carry and delivery sites as of 1 July 2024 (partial exit initiated earlier); management expects remaining product ranges to continue. The SAP/ERP programme was reviewed and rescheduled with SAP as partner; major roll-outs planned in phases (2025+).
Outlook
Management expects modest positive volume trends and assumes inflation around 3% in 2025. The company reiterated its longer‑term target of achieving ~7.5% EBITDA margin when market conditions normalise, while focusing on revenue growth and continued cost control in 2025.
Sustainability & metrics
Reported Scope 1 GHG emissions 27,348 tCO2e and Scope 2 (market‑based) 28,828 tCO2e. Continued investments in energy efficiency, solar panels and electric trucks were highlighted in the report.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
752 M
Market cap (USD)
154,856
Daily traded volume (Shares)
11.24 / 11.04
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
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EPS (USD)
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Ratings & reviews
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