Annual Report 2016

This financial report bears the motto of the anniversary year: “150 years of Tengelmann. Continued action.”

This title nicely sums up the motivation of the generations before, this generation and hopefully also the successors: Awareness of the strengths of the group. The capability for sustainable action and long-term future orientation.

With consolidated net revenue of 9.0 billion euros, the Tengelmann Group again substantially exceeded the profit for the previous year by 8.9 percent. If the economic burdens caused by the sale of Kaiser’s Tengelmann are overlooked, 2016 was one of the most successful years ever. This was primarily due to the strategic business units, which were able to continue developing their leading position in the respective market segment. Learn more:

Click here to download the annual report 2016