Revenue development in the REWE Group business segments and divisions
Revenue grew by 6.8 per cent to 37.4 billion euros in the Retail Germany business segment (REWE stores and PENNY). The Retail International business segment, comprising Austrian Full-Range Stores (BILLA, BIPA, ADEG), CEE Full-Range Stores (BILLA and IKI) and PENNY International, increased by 10.5 per cent (adjusted for exchange rate effects: 10.2 per cent) to 17.3 billion euros.
National Full-Range Stores achieved a revenue increase of 6.1 per cent to 28.4 billion euros. This included the retail sales of the REWE branches and wholesale revenue with retailers and other partners.
Revenue in the International Full-Range Stores segment (Austrian Full-Range and CEE Full-Range) increased by approximately 11 per cent to more than 11 billion euros. In the Austrian Full-Range Stores segment with BILLA, BIPA and ADEG, revenue rose by 4.2 per cent to 7.3 billion euros. CEE Full-Range Stores (BILLA and IKI) increased revenue by 13.4 per cent (adjusted for exchange rate effects: 11.5 per cent) to 3.5 billion euros.
PENNY Germany achieved a revenue increase of 8.9 per cent to 8.8 billion euros in 2022. With a virtually unchanged branch network of 2,135 stores, the number of customers rose significantly, by just under 11 per cent to more than half a billion.
PENNY International, operating in Italy, Austria, Hungary, Romania and the Czech Republic, increased its revenue by 16.7 per cent (adjusted for exchange rate effects: 16.9 per cent) to 6.6 billion euros. Taking account of exchange rates, PENNY grew the most in Romania, by more than 27 per cent, followed by Hungary and the Czech Republic.
The Convenience business segment, including the national and international business of the Lekkerland Group, grew by 4.2 per cent to 14.2 billion euros. In Germany, revenue from the REWE to go stores increased sharply by more than 11 per cent.
Revenue in the DIY Store business segment increased by 8.7 per cent year on year to 2.6 billion euros.
Invoiced revenue from Travel and Tourism increased significantly more than twofold year on year to 4.94 billion euros. Europeans rediscovered their love for travel in the summer of 2022 and returned in close to pre-pandemic numbers to tour operator DER Touristik. The DER Touristik Group recorded a very strong summer for travel across all source markets, in some cases actually in excess of 2019 figures.