Sligro Food Group’s sales for the first three quarters (39 weeks) totalled €1,768 million, an increase of 6.0% (Q3: 5.5%) compared with €1,668 million in the same period in 2010.
Total sales can be analysed as follows (x € million):
Organic sales growth in the first nine months turned out at 3.1% (Q3: 2.7%).
Total sales growth in food retail was 13.0% (Q3: 10.6%),
partly due to the acquisition of Sanders Supermarkten in 2010.
EMTÉ’s like-for-like consumer sales grew 4.1%
(Q3: 1.4%). The number of outlets showed little change
in 2011 at 130, but was 14 higher compared with the
third quarter of 2010, the net effect of the acquisition of
the Sanders outlets in the fourth quarter of 2010 and
the sale of the Golff stores mainly in that quarter.
Total foodservice sales growth was 2.7% (Q3: 3.1%), all
of which was like-for-like growth. Despite the bad
weather in the third quarter, sales growth was higher
compared with the first half of the year.

Outlook
We expect market conditions in the rest of 2011 to remain challenging, as they have been in the past three quarters. Consumer confidence clearly declined in the third quarter, which may have some effect on spending.
However, the foodservice operation is expected to benefit from the improvements that have been made and the new clients that have been acquired and there will be a better basis for comparison in the fourth quarter. As regards the food retail operation, it should
also be noted that Sanders has been included in the
consolidation as from the fourth quarter of 2010.
We prefer not to give a firm forecast of the full-year
results at this stage.
The sales figures for 2011 will be published on 4 January
2012 and the complete full-year figures for 2011 will be
published on 26 January 2012.
Sligro Food Group encompasses food retail and
foodservice companies selling directly and indirectly to
the entire Dutch food and beverages market. Sligro
Food Group aims to be a quality business that maintains
constant managed growth for all its stakeholders.
Sales in 2010 totalled €2,286 million, with a net profit of
€70 million. The group employed just over 5,500
full-time equivalents.
Veghel, 20 October 2011