Despite the tense geopolitical situation and associated market disruptions, the Oetker Group managed to increase its sales organically by 6.3% to over EUR 6.9 billion in 2023. The group is forecasting moderate growth for the current financial year.
The Oetker Group announced it achieved “decent results” in FY 2022 and is “cautiously optimistic” about the current financial year. The Food, Beer and Non-Alcoholic Beverages and Other Interests business divisions achieved consolidated net sales of EUR 6,508 million, an increase of 11.6% compared to the previous year.