Valora

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

Retrieved on: 
Wednesday, March 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: 
Tuesday, August 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: 
Wednesday, February 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.

Valora receives green light to operate further Oel-Pool service station shops and becomes Switzerland's convenience market leader with avec

Retrieved on: 
Sunday, December 18, 2022

The Swiss Competition Commission (WEKO) has approved the operation of the further service station shops from Oel-Pool without any conditions.

Key Points: 
  • The Swiss Competition Commission (WEKO) has approved the operation of the further service station shops from Oel-Pool without any conditions.
  • Valora will gradually convert the shops into avec stores, running the avec convenience format at some 370 locations by the end of 2023.
  • The shops will now be gradually converted into avec stores with a comprehensive range of convenience offerings.
  • The collaboration with Moveri, Oel-Pool’s fuel company, and the acquisition of around 40 service station shops was announced back in summer 2021.

Skier Jasmine Flury is the new brand ambassador for ok.–

Retrieved on: 
Thursday, December 1, 2022

Valora has been co-sponsoring Swiss Skis Audi Skicross Tour with its own brand ok. since 2018.

Key Points: 
  • Valora has been co-sponsoring Swiss Skis Audi Skicross Tour with its own brand ok. since 2018.
  • Skier Jasmine Flury has now been added as another brand ambassador for the organic product line of ok. for the new skiing season.
  • Shortly before the season's first womens speed races in North America, Valora is pleased to announce downhill and super-G specialist Jasmine Flury as the new brand ambassador for the organic product line of the ok. brand.
  • The partnership with Jasmine Flury as the new brand ambassador for the organic product line of ok. fits seamlessly into Valoras sponsorship commitment with individual athletes.

FEMSA Announces Successful Sustainability Linked Bond Issuance in the Mexican Market

Retrieved on: 
Tuesday, November 15, 2022

de C.V. (FEMSA or the Company) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced the placement of Mexican Peso-denominated sustainability linked bonds in the Mexican market for a total of Ps.

Key Points: 
  • de C.V. (FEMSA or the Company) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced the placement of Mexican Peso-denominated sustainability linked bonds in the Mexican market for a total of Ps.
  • The transaction was completed through a dual-tranche format with the tickers FEMSA 22-2L and FEMSA 22L.
  • The Sustainability Linked Bond Framework is available at: https://femsa.gcs-web.com/sustainable-finance
    This issuance received credit ratings of mxAAA from Standard & Poor's and AAA (mex) from Fitch Ratings.
  • FEMSA is a member of the Dow Jones Sustainability MILA Pacific Alliance, the FTSE4Good Emerging Index and the Mexican Stock Exchange Sustainability Index: S&P/BMV Total Mxico ESG, among other indexes that evaluate its sustainability performance.

FEMSA signs agreement to acquire NetPay, as part of its digital and financial solutions ecosystem

Retrieved on: 
Monday, November 7, 2022

de C.V. (FEMSA or the Company) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that its subsidiaries have signed an agreement to acquire all of the outstanding shares of NET PAY, S.A.P.I DE C.V. (NetPay).

Key Points: 
  • de C.V. (FEMSA or the Company) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today that its subsidiaries have signed an agreement to acquire all of the outstanding shares of NET PAY, S.A.P.I DE C.V. (NetPay).
  • NetPay is a merchant aggregator that offers several payment services and solutions to micro, small and medium-sized businesses in Mexico.
  • With this transaction Digital@FEMSA continues to build an omnichannel portfolio of diverse financial and digital services to simplify the lives of millions of people.
  • Digital@FEMSA is the technology innovation division that offers digital solutions to simplify the lives of our customers.

FEMSA Announces Third Quarter 2022 Results

Retrieved on: 
Friday, October 28, 2022

Our third quarter results reflect sustained positive momentum across our business units.

Key Points: 
  • Our third quarter results reflect sustained positive momentum across our business units.
  • And FEMSA Health delivered stable results against a demanding comparison base while facing a challenging macroeconomic environment, particularly in Chile.
  • Finally, Coca-Cola FEMSA also had a strong set of results with volumes increasing across territories and double-digit growth at the top and bottom-lines.
  • To obtain the full text of this earnings release, please visit our Investor Relations website at
    Our Third Quarter 2022 Conference Call will be held on: Monday, October 31, 2022, 11:00 AM Eastern Time (9:00 AM Mexico City Time).

Valora’s new Board of Directors

Retrieved on: 
Monday, October 17, 2022

de C.V. (FEMSA) were elected to the new Board of Directors.

Key Points: 
  • de C.V. (FEMSA) were elected to the new Board of Directors.
  • FEMSA CEO Daniel Alberto Rodrguez Cofr is the new Chairman of the Board.
  • This Board election forms a part of the change in governance after the conclusion of FEMSAs acquisition of Valora.
  • The previous members of Valoras Board of Directors resigned from the Board as planned at the end of the Extraordinary General Meeting.

FEMSA completes acquisition of Valora

Retrieved on: 
Monday, October 10, 2022

FEMSA also owns the largest franchise bottler of Coca-Cola products in the world in terms of sales volume (Coca-Cola FEMSA), and is the second largest shareholder of the Heineken group (with an economic interest of 14.76%).

Key Points: 
  • FEMSA also owns the largest franchise bottler of Coca-Cola products in the world in terms of sales volume (Coca-Cola FEMSA), and is the second largest shareholder of the Heineken group (with an economic interest of 14.76%).
  • FEMSA has more than 320,000 employees and reported revenues of more than USD 27 billion in 2021.
  • The around 2,700 small-scale points of sale of Valora are located at highly frequented locations in Switzerland, Germany, Austria, Luxembourg and the Netherlands.
  • Valora is also one of the worlds leading producers of pretzels and benefits from a well-integrated value chain in the area of baked goods.