Edeka Nord is celebrating: Sales will jump to 4 billion euros in 2024!

Edeka Nord is celebrating: Sales will jump to 4 billion euros in 2024!

Edeka Nord eG reached a significant milestone in 2024 when the group achieved sales of 4 billion euros for the first time. These sales figures were recently presented at the general meeting in Neumünster by board member Eric Süllau to around 100 merchants. Compared to the previous year, sales improved by 2.8 percent, which signals a positive development for the company. The self-employed merchants recorded a like-for-like sales increase of 2.4 percent.

With group sales of 4,073 million euros, Edeka Nord can proudly look back on its achievements. In 2024, the company opened four new stores, relocated two properties, privatized another and experienced an ownership change in eleven stores. In total, Edeka Nord supplies 608 stores at the end of the year, including 595 EDEKA SEH and 13 direct stores, whose average sales area is 1,356 m².

Investments and logistical advances

In 2024, Edeka Nord invested more than 240 million euros, with a focus on retail locations and logistics conversions. An outstanding project is the new construction of the Neumünster-Eichhof warehouse. Further investments of over 22 million euros are already planned at the same location for 2025. However, CEO Frank Breuer commented on the tense economic situation and forecasts slight sales growth for the coming year.

Overall, the EDEKA network remains on a growth path and recorded a sales increase of 6.5 percent to 75.3 billion euros in 2024. Around 3,200 self-employed EDEKA merchants contributed to this success with sales of 40.8 billion euros, an increase of 3.9 percent. In addition, Netto Marken-Discount increased its sales by 2.7 percent to 17.6 billion euros.

Sustainability and corporate structure

EDEKA invested 2.9 billion euros in infrastructure, digitalization and sustainability last year. The company remains the largest private sector employer in Germany with around 413,000 employees and over 19,200 trainees. The total volume of sales, 75.3 billion euros, is also the highest in the company's 118-year history.

The general meeting also led to important new elections to the executive board and supervisory board. Jan Frauen, Jan Hayunga and Maren Meineke were re-elected, while Gabriele Ecks, Marco Hauschildt and Andreas Jensen resigned from office early but were also re-elected. Eric Süllau remains chairman of the supervisory board, with Marco Hauschildt as deputy.

The positive business development of Edeka Nord and the overall success of the EDEKA network demonstrate the potential for further growth in a dynamic market environment. Detailed information on the economic results can be found in the EDEKA annual report for 2024. For further details and developments about Edeka Nord eG, those interested can read the reports Fruitnet and EDEKA network see.