Pursuing growth across grocery, building and technical trade, and car trade divisions.
Aims to be the leading and most attractive trading sector growth company in Northern Europe.
Focus on strengthening market position and building a focused B2C and B2B portfolio.
Emphasizes operational excellence, omnichannel customer experience, and sustainability leadership.
Enhancing AI and technology capabilities to drive customer value.
Grocery trade net sales €6,533m, operating profit €423.0m (6.5%).
Building and technical trade net sales €4,976m, operating profit €201.7m (4.1%).
Car trade net sales €1,383m, operating profit €78.1m (5.6%).
Q2 saw net sales growth and improved profit, with technical trade performance particularly strong.
Car trade driven by used cars and a strong order book for new cars.
Announced acquisition of Dahl's technical trade operations in Sweden, Norway, and Denmark.
Combined net sales of acquired businesses €2.1bn, EBITDA €146m in 2025.
Illustrative combined net sales for building and technical trade with Dahl would be €6.8bn in 2025.
Acquisition expected to finalize by early 2027, pending competition authority approval.
Long-term profitability target for technical trade division set at 6-8%.
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