Word from the Chairman

Our people make the difference

With great pride. That’s how I look back on what we’ve achieved during this challenging 2018-19 financial year. Our comparable group revenue rose by 2,8% to almost EUR 9,3 billion. We ended the financial year with a net profit of EUR 384 million. This year again we have focused strongly on thinking and acting sustainably. Whether it is through our own projects or smart partnerships.

We don’t just focus on mobility, but on energy too. We are committed to new technologies and new ways of thinking in energy supply and energy-efficient buildings. Together with farmers and suppliers, we have introduced new models of cooperation in our chain. Innovation remains another focus point for Colruyt Group. In the areas of nutrition and technology. We’ve brought some fine projects to fruition in all of these areas. You can find more information about this in our annual report, including sustainability reporting.

How do I look forward to the coming financial year? Full of confidence. We sense turbulent times ahead. But we are ready for them. Our operational excellence is better than ever. Our local connections are becoming more and more important. It’s our people who really make the difference. It’s they who achieve our goals and live out our company mission day after day. Sustainably.

So: a big thank you! To everyone who contributes to the growth of Colruyt Group. As customer, supplier or longstanding partner. And especially to each of our 29.903 employees. Through your passion and enthusiasm, you ensure that we create sustainable added value day after day.

 

Jef Colruyt
Chairman of the Board of Directors of Colruyt Group

Jef Colruyt

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Monday 29 July 2019 Download the PDF

Annual Report 2018-19

Monday 29 July 2019 Download the PDF