Valora posts solid growth in 2023, driven by the food sector

In 2023, Valora Holding AG announced a significant increase in its turnover, reaching CHF 2.8 billion, an increase of 8.5%. This growth is mainly attributed to the dynamic performance of the food sector, particularly in the wholesale sale of brined bakery products which recorded the strongest growth with an increase of almost 20%.

In a difficult global economic context, Valora managed to improve its operating profit (EBIT) by 34%, peaking at CHF 70 million. This improvement is due to increased sales in the food sector, vertical integration and optimization of internal production of brined bakery products.

Valora's “Foodvenience” strategy, combining food offerings and retail, effectively meets consumers' needs for fresh and healthy food outside the home. Valora's network expands to more than 2,800 points of sale, strengthening its presence in Europe.

The expansion of the “avec” brand in Switzerland and the success of the “BackWerk”, “Brezelkönig”, “Ditsch” and “Frittenwerk” brands internationally underline the strength of Valora's portfolio in the food industry. Furthermore, with “Ditsch”, Valora consolidates its position as a global leader in the wholesale trade of brined bakery products.