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Colruyt Group’s annual report for 2024/25 presents the Belgian retail group’s financial, strategic, governance and sustainability performance for the year ended 31 March 2025. Revenue rose 1.1% to €10.96 billion, while operating profit fell 5.0% to €446.4 million and net profit declined to €337.0 million, largely because the prior year included exceptional gains linked to Virya Energy and Parkwind.
The report describes continued expansion in food retail, wholesale, food service and health and well-being, including acquisitions involving Match and Smatch stores, NRG, Foodbag and other businesses. It also outlines investments in automation, digitalisation, artificial intelligence, urban convenience and local supply chains, alongside competitive pressure and a slight decline in Belgian market share.
The sustainability statement, prepared under the European Sustainability Reporting Standards, sets targets covering climate, packaging, circularity, responsible sourcing, human rights, biodiversity, plant-based proteins and employee well-being. Colruyt Group reports a 19.99% reduction in Scope 1 and 2 emissions from its 2021 baseline and 99.7% recyclable or reusable private-label packaging. EY issued a limited assurance conclusion stating that nothing came to its attention indicating material non-compliance with the applicable Belgian and European sustainability-reporting requirements.