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Creditor Relations

Welcome to Creditor Relations at the REWE Group. Here you will find information about the REWE Group’s finances, our rating and recent financial market transactions. As a cooperative, the REWE Group is not a listed company.

Our scope of duties

We consider ourselves the central point of contact for all matters finance in respect of the REWE Group, with the following areas of focus:

  • Relationship management with our financial partners

  • Rating monitoring and relationship management with our rating agency

  • Financial market, investor and banking communications

  • Financial market reporting

  • Marketing of financing transactions

  • Bank tenders

  • Financial market analyses

  • Coordination of ESG issues in treasury

On a growth trajectory.

Our total external turnover grew by 2.5 percent in the 2021 financial year.

Consolidated Combine turnover in € billion
2020 68 billion euros
2021 69 billion euros

Consolidated Combine turnover in € billion

Turnover from all consolidated companies (REWE Combine) grew from €67.7 billion in 2020 to €69.4 billion in 2021.

EBITDA in € million

Earnings before interest, taxes, depreciation and amortisation.

Capital expenditures (CapEx)

Capital expenditures describe capital expenditures for property, plant and equipment and intangible fixed assets.

Financing structure as of 30 June 2022
Capital market-related instruments 2750 million euros
Lines of credit 1379 million euros
Real estate financing 498 million euros

Financing structure as of 30 June 2022

The REWE Group is primarily financed by these debt financing instruments.

When looking at the REWE Group’s turnover, a distinction must be made between external turnover and consolidated Combine turnover. The total external turnover comprises the complete external turnover of the trade group including independent companies. This includes, among other things, the external turnover of our independent REWE retailers. Consolidated Combine turnover (REWE Combine) includes the turnover of all consolidated companies.

EBITDA (earnings before interest, taxes, depreciation and amortisation) is a measure of economic success and profitability.

The expenditures shown are capital expenditures for property, plant and equipment and intangible fixed assets.

The REWE Group is financed by various debt financing instruments.

The REWE Group pursues a central financing approach.

Dr Klaus Wirbel, Head of Finance and Group Treasury at the REWE Group
Dr. Klaus Wirbel
Dr Klaus Wirbel, Head of Finance and Group Treasury at the REWE Group

At the REWE Group, we have a rigorous financial organisation and pursue a central financing and insurance approach. The overarching goal of our financing strategy is to ensure the financial flexibility and solvency of the REWE Group and its subsidiaries and affiliates at all times. The REWE Group presents itself as a single financial entity. This means that:

  • All necessary funds and lines of credit are arranged centrally by the central Finance department,

  • Cash pooling is used to pool cash flow for the Group within the in-house bank,

  • The central Finance department is responsible for coordinating the banking and insurance strategy and negotiating banking and insurance conditions,

  • The financial and actuarial risk positions are managed on the basis of a risk strategy,

  • All internal and external payment transactions within the Group are handled centrally,

  • Major material, asset and liability risks are hedged uniformly via international insurance schemes.

An info graphic about our central financing approach

Your contacts

For us, maintaining an active dialogue with our creditors is a matter of course. Our Creditor Relations Team is always available as a competent partner.

Rainer  Nicklas

Rainer Nicklas

Director Corporate Finance

Melanie  Asghar

Melanie Asghar

Lead Creditor Relations

Benjamin Riedel

Benjamin Riedel

Manager Creditor Relations