The Companies of Schwarz Group Report Stable Growth
- New customers through convincing price management and innovative assortment design
- 8 billion euros in investments in strategic projects and digital business areas
Neckarsulm, May 25, 2023 – The companies of Schwarz Group successfully closed the 2022 fiscal year, generating EUR 154.1 billion in revenue with their 575,000 employees across all business segments (revenue increase: 15.4 percent).
About the Schwarz Group
The Schwarz Group is an international leader in the retail industry with about 13,700 stores and 575,000 employees in 32 countries. The total revenue of the Schwarz Group’s companies for the 2022 fiscal year amounted to 154.1 billion euros. Divided into a production, retail and environmental division, the companies of the Schwarz Group cover the entire value cycle. Lidl and Kaufland are its pillars in food retailing. Many private label products on Lidl’s and Kaufland's shelves ranging from ice cream to beverages are produced directly at the Schwarz Produktion. PreZero, the environmental services provider, pursues its vision of closed loop recycling in waste and recycling management and thus contributes to a cleaner tomorrow. Schwarz Dienstleistungen, the Group’s corporate services division, provides administrative and operational services.
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