Schwarz Group 2019/20 results: growth acceleration, Lidl +9.5%  

Date : 30 July 2020

Maxime Delacour

Senior Retail Analyst

Schwarz Group reported a net sales increase of 8.6% to €113.3 bn for its financial year 2019/20. Lidl posted one of its strongest growths in the recent years with net sales up by 9.5% while Kaufland sales grew by 4.5%. The group maintained its expansion pace with 400 store openings, similar to…
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