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Geschäftsbericht REWE Group 2023

REWE Group
Annual Report
2023

Tackle. Shape. Securing the future. This attitude is part of REWE Group’s cooperative DNA and has carried us successfully through the year 2023. Despite persistently difficult framework conditions, REWE Group, with its broad international positioning in retail and tourism was once again able to close the business year on a stable and successful note.

To transcript of the foreword by CEO Lionel Souque

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Foreword Lionel Souque Annual Report 2023

The CEO of REWE Group, Lionel Souque, finds introductory words for the Annual Report 2023 in a video message. To see English subtitles, please select them in your player.

Key figures
2023

REWE Group’s total external revenue climbed by 8.9 percent, rising from 84.8 billion euros to 92.3 billion euros. Around 390,000 employees contribute to the company’s success.

2022

billion euro total external revenue

2023

billion euro total external revenue

“We are a strong community”

Telerik Shishmanov, Chief Financial Officer (CFO) of REWE Group, explains why REWE Group has increased its investment volume, why we are also focussing on sustainability in financing and what the biggest challenges will be in the coming years in terms of finance and investment.

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Telerik Schischmanow the Chief Financial Officer (CFO) of REWE Group

Telerik Schischmanow

Chief Financial Officer (CFO) REWE Group

Keeping a firm eye on the future

The turnover of the REWE Group – excluding independent retailers and at-equity companies – rose by 8.8 per cent from 77.2 billion euros to 84.0 billion euros last year.

2022

billion euros

2023

billion euros

A physical financial report on a table

REWE Group
Annual Report 2023

 

 

Management Report / Financial Statements / Auditor's Report – PDF
Management Report / Financial Statements / Auditor's Report – PDF

Report by the
Management Board

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The management board of the REWE Group

Report by the
Supervisory Board

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Stage from the 2022 REWE Group Annual General Meeting

Key figures
2023

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Open laptop showing the 2023 REWE Group Annual Report website on the screen

Milestones form the year 2023

As a cooperative, we focus on sustainable management, long-term growth and, above all, a strong community. The milestones for 2023 reflect this with numerous projects and initiatives.

18 January 2023

Centre of excellence for agriculture – fresh impetus and a new take on cooperation

The REWE Group is Germany's first food retailer to establish a centre of excellence for agriculture, bringing together knowledge and expertise from retail and agriculture. The goal: to play an active role in Germany's transition towards sustainable agriculture. Hans-Jürgen Moog, REWE Group Chief Procurement Officer, and Emilie Bourgoin, Group Director Public Affairs, on the background to the project.

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1 February 2023

Working towards decarbonising the fleet: first hydrogen-powered truck hits the roads

REWE takes a step forward in its journey towards net zero. A project to pilot alternative drive systems sees a hydrogen fuel cell truck enter service, demonstrating how low-emission goods traffic can work.

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7 February 2023

Emergency aid for Turkey and Syria

Deeply shocking news and images emerge from the earthquake zones in Turkey and Syria. Our thoughts are with those affected, and the REWE Group joins in efforts to provide emergency aid to the disaster area.

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17 April 2023

Lionel Souque on responsibility at REWE Group: "We are a conglomerate, an SME and a start-up all rolled into one"

CEO Lionel Souque on the cooperative structure of the REWE Group, and on the values that shape it and ensure its singular strength in challenging times.

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8 May 2023

Groceries on wheels: innovation at the REWE delivery service

REWE is further expanding its position as the innovation and market leader in online orders and deliveries. The "REWE delivery bot" pilot project sees autonomous delivery vehicles navigate the streets of Hamburg.

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10 May 2023

DERTOUR works hand-in-hand with artificial intelligence

DERTOUR travel agencies are successfully deploying artificial intelligence in their customer communication. About using and reaping the benefits of AI on the transition towards Travel Agency 4.0 with bespoke customer service.

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11 May 2023

Investing in a green future at REWE logistics

REWE is transitioning to an e-truck fleet: partnering with a Swedish transport company enables fully electric trucks to be deployed, reducing carbon emissions for more environmentally friendly logistics.

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20 June 2023

Recycled PET: one loop, many winners

The REWE Group has created a closed loop for single-use drinks bottles, marking another step toward achieving its recycled materials goals, conserving natural resources and protecting the planet.

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23 June 2023

REWE breaks with retail tradition and bids farewell to the printed flyer

REWE takes the lead in the industry as it focuses on digital marketing materials, with massive effects for the environment, climate and natural resources. As a parting gambit, the company donated its last printed flyer to a pop-up gallery in Berlin.

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27 June 2023

Blue Angel eco-label for SYKELL reusable packaging scheme

REWE's reusable packaging partner SYKELL receives the Blue Angel eco-label. The system, dubbed Einfach Mehrweg in German, was developed in partnership with REWE and factors in a wide range of requirements.

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27 June 2023

Autonomous delivery vehicles hit the streets of Vilnius

A fleet of autonomous bots deliver groceries in Vilnius. iki (the REWE International sales line) partners with REWE Group start-up LastMile and external start-up Clevon to test autonomous vehicles.

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27 June 2023

REWE Group joins Pact against Food Waste

The REWE Group is forging ahead with its long-term and successful commitment to end food waste. In addition to already high sales figures and partnerships with food banks and food sharing, joining the pact marks a further step in efforts to reduce the amount of food left over.

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30 June 2023

E-mobility: fast-charging hubs at REWE and PENNY stores

The REWE Group is partnering with TotalEnergies Charging Solutions to expand the e-charging infrastructure at REWE supermarkets and PENNY discount stores. The goal: drive forward e-mobility in Germany and meet users' needs.

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3 July 2023

New large-scale photovoltaic installation: REWE's Henstedt-Ulzburg site goes solar

The REWE Group is investing in climate action and diversifying its power supply. A large-scale photovoltaic system is being installed on the roof of the administration and logistics centre in Henstedt-Ulzburg. The solar power generated by the system will be used directly at the site.

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31 July 2023

Environmental costs: "true costs" campaign week

In a pioneering, Europe-wide campaign week, PENNY lifts the lid on the environmental effects of production and consumption. The aim is to raise awareness of the hidden costs to the environment and offer solutions.

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3 August 2023

REWE and PENNY sign up to the Science Based Targets initiative

By setting themselves a net-zero target under the SBTi standard, REWE and PENNY have committed to taking far-reaching action to effectively reduce emissions and promote innovative solutions along the entire supply chain.

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24 August 2023

Ten years of di.to. – REWE Group LGBTIQ network celebrates its birthday

different together – from social gathering to strategic influencer and pioneer of diversity. For 10 years now, the network has been a source of energy within the REWE Group and has improved the profile and acceptance of LGBTIQ employees within the company.

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12 September 2023

Reusable solution to transport plants – toom cuts even more plastic

Industry pioneer toom launches the first reusable packaging solution to reduce the amount of plastic used transporting plants. toom Managing Director Dominique Rotondi makes an initial assessment and looks to the future.

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14 September 2023

Capital market début: The Sustainability-linked Bond Framework links the REWE Group's financing strategy and sustainability strategy.

Sustainability and finance go hand-in-hand at the REWE Group. Dr. Klaus Wirbel, Head of Finance and Group Treasury, and Nicola Tanaskovic, Head of Corporate Responsibility, on linking the Group's commitment to sustainability with corporate finance.

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27 September 2023

Latest investment: DER Touristik Hotel Division acquires Aldiani Club Fuerteventura

DER Touristik's Hotel Division is continuing to invest in hotels of its own, and going forward the Aldiana Club Fuerteventura will be one of the company's selected hotel properties. Georg Schmickler, CEO of DER Touristik Group Hotel Division, on the advantages of the club and the long-term goals.

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5 October 2023

Drone delivers groceries to customers from the REWE store

Quick, emissions-free delivery by cargo bike and drone makes for a simple and easy shopping experience for residents of harder-to-reach areas. REWE is piloting technological innovation for grocery shopping, including in rural Michelstadt.

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19 October 2023

Untouched moor to protect the climate

The large-scale recultivation of the Ahlen-Faklenberger Moor near Cuxhaven is the first project for the NABU climate fund, which was formed by REWE and NABU. In an on-site visit, NABU moors expert Dr. Frank Woesthoff talks with Julia Krooß, portfolio manager at the NABU climate fund, on the progress and goals of the project.

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30 October 2023

World Vegan Day: plant-based alternatives become a day-to-day staple

Vegan alternative products seem to have made their way into the everyday lives of German households. The key facts and figures from a GfK survey commissioned by REWE to mark World Vegan Day.

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21 November 2023

REWE trials refill stations at 11 stores

REWE is Germany's first food retailer to deploy innovative refill stations for dry goods. The digital, ultra-user friendly and hygienic system helps cut food waste in the interests of sustainability.

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21 November 2023

DER Touristik Foundation: More than 50,000 euros collected for Rhodes

DER Touristik launched an appeal for donations following the devastating wildfires on Rhodes. The company is grateful for the generous donations, which have been used to help conservation and environmental education on the island.

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27 November 2023

Study on sustainable consumer behaviour in the food retail industry: constant trend towards sustainable products

A joint study by the REWE Group, Consumer Panel Services GfK and Stiftung Deutscher Nachhaltigkeitspreis e.V. takes a look at how consumer purchasing behaviour has changed in relation to sustainable foods – particularly in times of crisis.

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29 November 2023

"The pace of change is breathtaking"

Christoph Eltze, Chief Digital and Technology Officer (CDTO) on the REWE Group's Management Board, on political courage in digitalisation and the REWE Group's AI manifesto.

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4 December 2023

On course for success with new technology: three more REWE Pick&Go stores in Düsseldorf and Hamburg

REWE is Germany's leader for checkout-free shopping. The REWE Pick&Go concept is a tried-and-tested format that is growing in popularity. Customers can now experience Pick&Go technology at three more REWE stores in Düsseldorf and Hamburg, including the largest Pick&Go store to date with approximately 1,200 square metres of space.

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12 December 2023

International Human Rights Day: "Employees play a key role"

As an international trade and tourism company, the REWE Group has long advocated for upholding human rights and action to prevent their violation. Nicola Tanaskovic is the REWE Group's Human Rights Officer. She explains how the German Supply Chain Act is being implemented at the REWE Group and why employees play a key role in doing so.

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