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Growing accounts for Metro Italia, a wholesale and service chain for the Horeca sector, which in the 2022-2023 fiscal period almost reached 2 billion in turnover, 1.97 billion to be precise with a +9.4% on the previous period. Revenues growing for all sales channels while at a global level the Metro Group reached 30.6 billion in turnover, +2.7%.
On the Italian market the brand operates with 49 large sales points, 2 warehouses specialized in Food service distribution (Fsd) and around 4 thousand employees. On the supply side, 23,700 food references are sold, of which 7 thousand linked to the territory from 800 suppliers and partners, and 6,300 non-food products to around 200 thousand customers.
«The fiscal year we concluded was certainly challenging and, despite the uncertainty given by the macroeconomic context, we achieved goals with which we are very satisfied – is the premise of Arnoud J. van Wingerde, CEO of Metro Italia -. Italy confirms itself as one of the key markets for growth on a global level and in the new year we will carry forward our “Strategy 2030” with three clear objectives: consolidate our multi-channel business, respond increasingly better to the requests of our customers with an assortment tailored to their needs, reduce the impact of our operations on the environment to confirm ourselves as a partner of excellence for Ho.Re.Ca. professionals.”
Among the various sales channels, Cash&Carry is worth 1.5 billion, just over three quarters of sales, up by 6.5%. Tourism and consumption outside the home caused the Food service distribution channel to grow by 17%, reaching 434 million in revenues. The growth plans of the Italian branch are focused precisely on this channel and its development, which sees sales of products with the private label (Mdd) grow by 26%, equal to 622 million achieved thanks to a product portfolio of approximately 3,500 references .
The first results of the online platform, another pillar for growth, are also good, offering over 100 thousand products made available by over 200 partner companies while for the sorting of products Metro uses a warehouse operational since July 2022 in Casei Gerola, in the province of Pavia.