Content ID


CORRECTED-Lidl GB laying foundations for future growth -CEO

(Corrects profit figure in first graph to 41.1 million pounds)

LONDON, Nov 17 (Reuters) - Lidl GB's 2021-22 profit of 41.1 million pounds ($49 million) on revenue of 7.8 billion pounds is "a very modest return", but the company is focused on the long term, its boss said on Thursday.

"We've been relentless in the investment in infrastructure and really laying foundations for future growth," CEO Ryan McDonnell told Reuters. ($1 = 0.8379 pounds) ($1 = 0.8386 pounds) (Reporting by James Davey; editing by Sarah Young)

© Copyright Thomson Reuters 2022. Click For Restrictions -

Read more about

Talk in Marketing

Most Recent Poll

Will you have enough on-farm storage for harvest?

I just want to see the responses
49% (19 votes)
36% (14 votes)
Maybe, depending on yields
8% (3 votes)
No, it’s going to be a bin-buster
5% (2 votes)
No, I am looking at new bins or temporary storage
3% (1 vote)
Total votes: 39
Thank you for voting.