ISIN:CH0002088976

Valora with strong sales growth in 2023 thanks to expansion of food business

Retrieved on: 
Mercredi, mars 13, 2024

Growth was driven mainly by rising food sales in all business areas.

Key Points: 
  • Growth was driven mainly by rising food sales in all business areas.
  • At almost 20%, the wholesale pretzel business recorded the highest increase in sales.
  • In an internationally challenging macroeconomic environment, the Valora Group not only posted strong sales growth in all business sectors, but also increased its operating profit (EBIT) by 34% to CHF 70 million.
  • This improvement resulted from higher food sales in the sales outlets, the growing wholesale pretzel business and the positive effects of vertical integration in the in-house pretzel production business.

Valora reports strong EBIT growth in the first half of 2023 thanks to food expansion

Retrieved on: 
Mardi, août 22, 2023

Thus, net revenue increased by +11% to CHF 1,047 million while EBIT rose by CHF 15 million to CHF 23 million.

Key Points: 
  • Thus, net revenue increased by +11% to CHF 1,047 million while EBIT rose by CHF 15 million to CHF 23 million.
  • Also, Valora succeeded in continuously implementing its foodvenience strategy by further expanding its store network and the higher share of food in its category mix paying off.
  • Valora looks back positively on the first half of 2023.
  • Valora also pushed ahead with the implementation of its foodvenience strategy, putting a strong focus on network expansion.

Against food waste: k kiosk and avec also join Too Good To Go

Retrieved on: 
Mercredi, février 22, 2023

As of now, 330 k kiosk and avec sales outlets in Switzerland also provide unsold foodstuffs at a reduced price around closing time.

Key Points: 
  • As of now, 330 k kiosk and avec sales outlets in Switzerland also provide unsold foodstuffs at a reduced price around closing time.
  • Customers can use the free app Too Good To Go to find out whether there are any surprise bags of food available and, if so, in which k kiosk or avec sales outlet they are located.
  • Including the new k kiosk and avec sales outlets, just under 420 stores have now joined up in Switzerland.
  • Thanks to Valora’s group-wide partnership with Too Good To Go, 970,000 bags of food have so far been saved and food waste amounting to about 2,420 tonnes of CO2 prevented.