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REWE Group growing strongly in Germany and abroad

Over 60 billion euros in sales for the first time

For the first time in its history, the REWE Group achieved total external sales of more than 60 billion euros: In the past financial year of 2018, revenues increased by 4.7 percent to 61.2 billion euros. Business in Germany, as well as the international business of the trade and tourism company from Cologne, contributed to this strong sales growth. In Germany, sales grew by 4.5 percent, abroad by 5.2 percent. As a result, the foreign share of total external sales of the REWE Group increased slightly by 0.2 percentage points to 28.7 percent.

Lionel Souque, CEO of REWE Group, at the presentation of the unaudited results on 3 April 2019 in Cologne: "The REWE Group is on a healthy growth course nationally and internationally. In 2018, we once again profited from the fact that in recent years we have invested heavily in the modernization and expansion of our markets and in the strengthening of our tourism division both in Germany and in other European countries. The 2018 fiscal year was one of the best in our history - despite ongoing burdens from the restructuring of the Sky stores. The strength in our core business will give us the opportunity to drive new business models and innovations that will be the foundation for our continued positive development in the future. As a cooperative group, we are pursuing our strategic priorities calmly and with foresight, even though the market and competitive environment is sometimes characterized by turbulence. "

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