Oetker Group achieves growth in 2021 despite difficult framework conditions

In July 2021, the shareholders of Dr August Oetker KG agreed to split the companies of the previous Oetker Group into two independently operating groups of companies. The accomplishment of this took place on November 2, 2021. Although the sales of some companies were only taken into account up to October 31, the group managed to increase its sales compared to the 2020 financial year. In a like-for-like comparison with the previous year, i.e. comparing the first ten months of the two years up to the division, the Group even achieved growth of 5.5 percent, based on internal controlling figures.

"The past financial year was characterized on the one hand by the corona pandemic with its imponderables and its consequences for the global economy, and on the other hand by the division of the Oetker Group into two independently operating groups. We are all very pleased that, against this background, we have succeeded in increasing sales and integrating new companies into the group,” commented Dr. Albert Christmann, general partner of Dr. August Oetker KG, regarding the figures published today. Sales in the consumer goods-oriented business divisions Food and Beer and Nonalcoholic Beverages each remained roughly at the level of the previous year, while the Other Interests division achieved a significant increase.

Christmann is cautious about issuing a forecast for the current financial year: "The global economy has not yet fully recovered from the Corona crisis and is still marked by pandemic-related restrictions, and now the Russian invasion of Ukraine is causing further extreme stress. The war is a disaster for all people directly and indirectly affected – especially those in Ukraine. It continues to bring immeasurable and completely unjustified suffering to many people. Therefore, our greatest wish is that peace and freedom may return as soon as possible – in Ukraine and everywhere else in the world."