Dutch retailer Sligro Food Group saw its retail sales growth slow in the last quarter of 2011, a year in which its top line was boosted by the company’s 2010 takeover of Sanders Supermarkten.

Sligro, which runs retail outlets and acts as a foodservice supplier, today (4 January) reported a 10% increase in annual sales from its retail business to EUR811m (US$1.05bn).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

However, the company’s retail sales in the fourth quarter of 2011 were up by only 2% to EUR209m.

The slowdown Sligro’s retail sales growth led its turnover to decelerate in the fourth quarter.

Sligro reported a 5.9% increase in annual revenues to EUR2.42bn. Its sales in the fourth quarter grew 5.4% to EUR652m.

Sales from Sligro’s foodservice arm increased 3.9% in 2011 to EUR1.61bn. In the fourth quarter, sales rose 7.1% to EUR443m.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Sligro will report its complete 2011 financial results on 26 January.