Celebrating half a century of service, dm drugstore chain reports a robust customer response in their 50th year. Christoph Werner, Chairman of the Management Board, is set to unveil the financials today in Karlsruhe. With September 30 marking the end of their fiscal year, dm raked in around 13.6 billion euros in sales across 14 European countries during the 2021/22 financial year, a 10.7% jump from the previous year. Germany contributed 9.9 billion euros to the total.
Regrettably, dm refrains from disclosing its profits. Employing over 70,000 individuals in over 4,000 stores, dm is one of the big four in the industry following Schlecker's 2012 bankruptcy. It shares the limelight with Rossmann, Müller, and Budni, especially in northern Germany.
Summer brought a legal squabble between dm and Deutsche Umwelthilfe (DUH). The issue revolved around dm advertising its own brands with the phrases "climate neutral" and "environmentally neutral". The Karlsruhe Regional Court blocked this in July, and dm is appealing for the term "environmentally neutral", while it has abandoned the term "climate neutral".
Consumer goods sales saw a substantial uptick for dm during the 2021/22 quarterly figures, contributing to the overall annual revenue. Offering transparency, dm intends to disclose the specifics of this growth during the balance sheet presentation.
Enrichment Data: While the official sources do not provide specific financial details about dm's growth in consumer goods sales during the 2021/22 quarterly figures, you may find valuable insights from sources discussing general consumer goods sales and the financial performance of comparable companies. Offmint, MSCI, and Agricultural Development Bank Limited (ADBL) are possible sources of this information. However, for precise financial details about dm, please refer to their official financial reports or statements, which are usually available on their investor relations website or through regulatory filings.
