Lidl, record turnover of 7.5 billion in 2024

A record-breaking 2024 for Lidl Italy, which, according to preliminary figures, reached 7.5 billion in revenues compared to 7.2 billion the previous year. In 2023, the sign's purchases of made-in-Italy products also generated exports of around 2.5 billion, +4.2% on the previous year. "This allowed the SME suppliers to touch 30 markets in Europe where they would hardly have arrived on their own. We are a multinational company, but we are proud to have deep roots in Italy,' explained Massimiliano Silvestri, president of Lidl Italia, during the presentation at Mimit of the 'Balance of Lidl's socio-economic impact in Italy' produced by Teha. A balance that highlights the weight that the sign had in 2023 on the country system, with a contribution on the GDP of 7.6 billion (+5% on 2022) equal to 0.4%. A result achieved with about 23 thousand direct workers, approaching 100 thousand considering also indirect and induced workers. In addition, purchases of fruit and vegetables and non-fruit products for export set a new record at 2.5 billion, accounting for 4.8% of exports in the food & beverage sector. Considering fruit alone, Lidl's contribution is 10.4% of Italian exports in the segment. "Lidl actively contributes to the economic well-being of our country, embodying the founding values of our Made in Italy and promoting the excellence of our products," was the comment of Adolfo Urso, Minister of Enterprise and Made in Italy.

In the last five years, Lidl has invested more than 2.1 billion in Italy, more than a third compared to the previous five-year period, earmarked for the opening of new shops and logistics centres, as well as the renovation and modernisation of existing structures. A strategy that will continue in the next three years as well, because Silvestri has anticipated a 1.5 billion investment plan for the next three years with the aim of 'opening another 150 shops, hiring another 6 thousand employees and reaching one thousand shops, from the current 779, by 2030 without excluding the acquisition of small groups of local supermarkets'.

According to data processed by Teha Lidl is in 28th place for revenues among large Italian companies, while considering only large-scale distribution companies it is in 7th place "considering also multi-brand realities such as Vegè and Selex," says Emiliano Brillante, partner Teha Group. "If not considered we are in 5th place. The brand is also a large customer that buys products and services, with 6.6 billion in 2023. To a large extent these are goods for sale but also logistics services, maintenance, energy, consumables. The added value produced is 1.2 billion with an average annual growth rate of +10.1%.