Pursuing growth across all three business divisions: grocery trade, building and technical trade, and car trade.
Focus on strengthening market position, operational excellence, and omnichannel customer experience.
Portfolio expected to remain stable through 2026, with emphasis on developing current businesses and maintaining a moderately leveraged balance sheet.
Sustainability and digitalisation are core to strategy, with measurable progress tracked via global indices.
Net sales grew to €12,474.7 million in 2025, with all divisions contributing to growth.
Comparable operating profit reached €654.9 million, with an operating margin of 5.3%.
Return on capital employed was 10.4%, below the long-term target of over 14.5%.
Dividend proposal of €0.90 per share, payout ratio 84%, in line with policy.
Capital expenditure increased to €735.7 million, driven by acquisitions and store investments.
Market share increased to 33.7% in 2025, with strong positions in both retail and foodservice.
Net sales reached €6,447 million; operating margin remained robust at 6.5%.
Investments focused on store network upgrades, price competitiveness, and digital services.
Kespro maintained its market leadership in foodservice with a 49.2% share.
Online grocery sales and customer satisfaction both saw notable growth.
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