Analyst expects Sligro Food Group profit increase

Analyst expects Sligro Food Group profit increase

Private bank Theodoor Gilissen's analysis report sees a bright future for Dutch company Sligro Food Group's profit and it particularly expects growth in Belgium.

Shredded Belgian market

Sligro Food Group's Belgian turnover is about 40 million euro nowadays, but the lack of major competitors offers room for growth. "The Belgian food service market is shredded and has no major competitors, while the product range is about the same as in the Netherlands", Theodoor Gilissen said. "This gives Sligro an excellent opportunity to build a strong position in the Belgian market."

 

The Dutch market should give opportunities for growth because of the improved economic situation, which has improved consumer trust. That has led to increased spending, also in the food branch.

 

Theodoor Gilissen believes Sligro can also take advantage of its strong financial position to acquire other companies, a move it can easily afford because of its strong cash flow and relatively low debts.

Questions or comments? Please feel free to contact the editors


Lubach: “Fair clothing is a matter of priorities”

15/11/2017

Ever since the Rana Plaza disaster, the clothing industry has clamoured for transparency in the clothing manufacturing branch, but Zondag met Lubach’s Arjen Lubach proved on Sunday that there is no actual transparency yet.

Fashion chain Canada Goose opens first European store

14/11/2017

Canadian fashion chain Canada Goose opened its first European store in London. The brand’s clothing has been in Europe for quite some time, but only at multi-brand stores up until now.

Desigual suffers turnover blow in first three quarters

14/11/2017

Spanish fashion chain Desigual suffered a blow in the first three quarters of 2017, with turnover  down more than 10 %. It mainly struggled in Europe, a region where it generates almost all of its turnover.

Two or three stripes on clothing are Adidas' property

13/11/2017

Swedish store chain H&M can no longer use parallel stripes on its (sports) clothing, because they resemble Adidas’ three stripes too much, according to a The Hague court.

Strong third quarter for Adidas

10/11/2017

Sports clothing manufacturer Adidas experienced a strong third quarter. Its growth was slower than in the previous quarter, but its operational profit exceeded analysts’ expectations.

Yoox Net-a-Porter grows but still failed to live up to expectations

09/11/2017

Online retailer Yoox Net-a-Porter’s third quarter like-for-like turnover grew 17.7 % to 481.8 million euro, which is not entirely what analysts had expected. Its growth slowed down in the United States and China in particular.

Back to top