The Schwarz Group was able to continue its growth path across all business areas in the 2020 financial year and, with around 500.000 employees, achieved an increase over the previous year from 114,3 billion euros in total sales to 125,3 billion euros.
Thanks to highly motivated employees and stable business and delivery processes, the Lidl and Kaufland retail divisions were able to ensure supplies to the population at all times with over 12.900 branches. Accordingly, Kaufland increased store sales by 7,5 percent to 25,5 billion euros, Lidl achieved a sales increase of 9,9 percent to 96,3 billion euros.
PreZero grew by 2020 percent in the 33,7 financial year and generated sales of around EUR 700 million in waste and recycling management. With the acquisition of parts from SUEZ, sales will increase to more than 2 billion euros. Through organic and inorganic growth, PreZero will further consolidate its position as an international environmental service provider.
Investments in capital goods for the core business amounted to around 8 billion euros.
The balance sheet date is February 28, 2021. The Group's sales include all sales under commercial law.
Schwarz Unternehmenskommunikation GmbH & Co. KG
Telephone + 49 7132 30-788600
Original content from: Schwarz Unternehmenskommunikation GmbH & Co. KG, transmitted by news aktuell