Overview
- Edeka Minden-Hannover forecasts a moderate 2% increase in food prices for 2025, marking a return to normalized inflation levels after significant spikes in 2022–2023.
- Key commodity trends include historically high coffee prices and falling costs for oil, cocoa, and butter, reflecting mixed market dynamics.
- The cooperative reported a 2% revenue growth in 2024 to €12.24 billion, driven by slight volume increases and price adjustments, though net profit dropped from €179 million to €146 million.
- Consumer spending on food remains resilient, with increased demand for Edeka’s budget brand 'Gut & Günstig,' while non-food sales, particularly at its Marktkauf subsidiary, show signs of weakness.
- Management anticipates a shift in consumer sentiment by summer 2025, contingent on trade policy developments, following three years of cautious spending.