A clear course –
a strong future

REWE Group
Annual Report
2024

REWE Group takes responsibility – especially in difficult times. The current changes are driving the retail and tourism group forward. They are an opportunity to create something new and become better. The past year has once again shown what the cooperative REWE Group stands for: rolling up our sleeves, getting to work and shaping the future.

To transcript of the foreword by CEO Lionel Souque

 

Video

01:24

Foreword Lionel Souque Annual Report 2024

REWE Group takes responsibility – especially in difficult times. The current changes are driving the retail and tourism group forward. They are an opportunity to create something new and become better. The past year has once again shown what the cooperative REWE Group stands for: rolling up our sleeves, getting to work and shaping the future.

Key figures
2024

The REWE Group has skilfully navigated difficult geopolitical and economic conditions and looks back on a successful financial year in 2024: REWE Group‘s total external revenue rose by 4.6 per cent to 96 billion euros, while EBITA of the RZF Group remained high at two billion euros. Thanks in part to a non-recurring effect, the consolidtated profit for the year exceeded one billion euros for the first time.   

2023

billion euro total external revenue

2024

billion euro total external revenue

REWE Group shows itself to be in excellent health in the 2024 Annual Report and elects Stefan Lenk as successor to Erich Stockhausen as Chairman of the Supervisory Board

The Annual General Meeting of REWE-ZENTRALFINANZ eG approved the 2024 annual financial statements on Saturday, 14 June 2025: another very good year for the cooperative REWE Group. On this occasion, the long-standing Chairman of the Supervisory Board Erich Stockhausen handed over his mandate to his successor Stefan Lenk.

To press release

Erich Stockhausen & Stefan Lenk

Chairman Supervisory Board

Interview with Erich Stockhausen and Stefan Lenk

Erich Stockhausen was the first independent REWE businessman to head the REWE Group Supervisory Board. After ten years, he will step down in June 2025 – his successor will be Stefan Lenk. Also a thoroughbred retailer. In a double interview, the two REWE businessmen talk about their time together on REWE Group’s Supervisory Board and why Stefan Lenk doesn’t need any advice from his predecessor.

Video

05:27

Interview with Erich Stockhausen and Stefan Lenk

Erich Stockhausen was the first independent REWE businessman to head the REWE Group Supervisory Board. After ten years, he will step down in June 2025 – his successor will be Stefan Lenk. Also a thoroughbred retailer. In a double interview, the two REWE businessmen talk about their time together on REWE Group’s Supervisory Board and why Stefan Lenk doesn’t need any advice from his predecessor.

Three questions to Telerik Schischmanow

REWE Group’s Chief Financial Officer (CFO) on a successful 2024, his favourite figure from the annual report and major investments.

1. How satisfied are you with the REWE Group’s performance in 2024?
In light of the difficult economic and geopolitical situation worldwide, we are very satisfied with the REWE Group’s performance. Despite the ongoing challenges, the Company achieved its best-ever results in 2024.

2. What’s your favourite figure from the 2024 Annual Report?
The net profit of more than 1 billion euros, which we generated for the first time in the Company’s nearly 100-year history and which saw us report 11 billion euros in equity at the end of 2024.

3. Real estate, debt and major investments: What exactly are the REWE Group’s plans for the future?
We want to continue growing and, by extension, investing heavily in our business in Germany and Europe going forward. We plan to invest 16 billion euros in real estate, warehouse infrastructure, digitalisation, sustainability and innovation between 2024 and 2028. The level of debt we have is comparable to that of other large retail companies and is normal for a growing corporate group. Thanks to our excellent S&P rating and sound financial and balance sheet ratios, we are able to obtain attractive conditions for debt financing and to continue growing in the future.

Telerik Schischmanow

CFO der REWE Group

Milestones form the year 2024

As a cooperative, we focus on sustainable management, long-term growth and, above all, a strong community. The milestones for 2024 reflect this with numerous projects and initiatives.