Sligro Food Group Sees Sales Rise, Despite 'Challenging Conditions'
Dutch wholesaler Sligro Food Group saw its sales rise marginally in the first half of its financial year, despite what CEO Koen Slippens described as "challenging conditions for us and our competitors".
Slippens said that the economic climate in the Netherlands and Belgium has "cooled considerably" in the first half of the year.
"The decline in consumer confidence in both countries once again looks to be a predictor of market trends," he said. "In the Netherlands, we witnessed a slight upturn in the market, which is primarily price-driven. In Belgium, the market is contracting. There was a substantial rise in logistics, energy and staff costs."
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