Our Values About Us a Year of Transformation
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About us Our values Musgrave is Ireland’s leading food retail and wholesale company. We feed 1 in 3 people in Ireland, and we are the country’s largest private sector employer. Key Facts Musgrave is a sixth-generation family business, with • Food leadership – being famous for great Long term, stable June 2017 strong values and a commitment to partnering with quality, healthy, inspiring food relationships and supporting other family businesses. • Building better brands – where we build profitable omnichannel brands that are Today we remain as focused as ever on making different and better it possible for communities to thrive, for • Partnership – supporting retailers, businesses entrepreneurs to succeed and for shoppers to and communities Achievement access quality, healthy and inspiring food through • People – being the destination place to work, our market-leading retail and wholesale brands. where talented people can grow and thrive. We know that when we focus on our brands and Now and into the future we will be famous for work on being ‘different and better’ we win in the outstanding delivery in each of these areas. market. To achieve this our purpose is Growing Good Business, which means concentrating on delivery in four key areas: A year of transformation Working hard Honesty Having celebrated our 140th anniversary in Growth is important because ultimately it drives 2016, our focus has shifted to transitioning a living, breathing organisation, but it can’t be our business to be fit for purpose for the next achieved at the expense of doing the right thing. 140 years. There are opportunities to be seized, Our focus is on growing to the benefit of all our Not being greedy and our growth strategy is about responding stakeholders – our retail partners, our colleagues to such opportunities. It relies upon relentless and our shareholders. And this is how we innovation, more digital improvements, better continue to make our economic contribution to stores and product ranges and developing more communities and the Irish economy. FRANK AND HONEST GOURMET COFFEE COMPANY partnerships and business ventures that fit with our core expertise. It also means continuing to I am excited about the next chapter of invest in the recruitment of the best and brightest the Musgrave story and look forward to so that we can respond quickly to the changing needs of our customers. this transformation. Musgrave Group plc Chris Martin Musgrave House Tel +353 (0)21 452 2100 CEO, Musgrave Ballycurreen Email [email protected] Airport Road Follow Musgrave on Cork LinkedIn and Twitter Ireland T12 TN99 www.musgravegroup.com Financial highlights Musgrave sales €3.7 billion Retail sales €5.1 billion Mace €0.1bn Daybreak €0.1bn DayToday €0.1bn ROI €3.1 bn NI €0.4 bn Dialprix €0.1bn Food leadership Building better brands Partnerships People Spain €0.2 bn • We are encouraging healthy eating and • SuperValu, Centra, Daybreak and • We partner with entrepreneurial retailers • We are Ireland’s largest private sector active lifestyles through our in-store and Musgrave Marketplace are the leading operating more than 1,400 stores. We employer, with over 35,000 people online campaigns Good Food Karma in brands in their respective markets support them and the vibrant communities employed across our business and brands SuperValu and Live Every Day with Centra. in Ireland. they serve. in the Republic of Ireland alone. Centra €1.bn • Following the success of our retail • Our artisan take-away coffee brand Frank • With over 330 participating businesses, • Our Graduate Programme has a strong SuperValu €2.9bn focused Food Academy, we launched our and Honest is now alive and brewing in Food Academy continues to help track record in developing talented people Foodservice Academy, to champion local over 300 Centra stores, bringing city-style local suppliers bring their product to who now occupy leadership roles within producers and help them get stocked and fresh coffee to towns across Ireland. market with over 1,000 jobs created, in our business. Group turnover € billions Profit before tax € millions Net cash € millions sold in our wholesale business. collaboration with Bord Bia and the Local 2015* . 2015 68 2015 . • Chipmongers, our new gourmet fish and Enterprise Office Network. • We run some of the largest and most • We are redefining convenience shopping by chip brand, extends our commitment to complex IT and business change projects 2016 . 2016* 89 2016 . increasing our healthy grab-and-go product developing family-run businesses in the • Musgrave and our retail partners in in Ireland, and we have the best people on ranges, and reducing carbonated drinks in heart of local communities. SuperValu stores are committed to an board to deliver them. * From continuing operations * Profit before tax excluding pension gain is €73m our chillers. annual involvement in the TidyTowns • Online shopping is now essential in our initiative. 2016 marked the 25th • We have rolled out the largest people • Musgrave MarketPlace continues to omnichannel offering, and it was a key anniversary of SuperValu’s sponsorship of development initiative that the business innovate by re-inventing ‘cash and carry’ sales driver for the SuperValu brand in the TidyTowns competition. has ever seen in collaboration with with the launch of the Food Emporium, 2016, growing by 22%. Breakthrough Global, and extended the the destination place for foodservice • We are the first Irish grocery retailer to training to our retail partners. entrepreneurs. agree a business partnership with Alibaba Sustainability, responsibility and community Group and open a shopfront on Tmall Global, China’s foremost e-commerce site. Feeding 3,000+ 100% 40,000 1 in 3 grocery retailer colleagues Irish sourced AND received to develop a FRANK HONEST Irish retailer people meat & poultry people on the GOURMET COFFEE COMPANY Breakthrough transactional selling directly employed island of Ireland app Tools Training at the heart of our New and to China via day-to-day business innovative brands Alibaba Group rolled out partnership 70.10 50.86 48.93 49.36 48.29 48.73 45.90 39.53 37.20 35.59 24.81 330 Reaching 2006 2007 200 2009 2010 2011 2012 2013 2014 2015 2016 international participating businesses Total carbon footprint markets kilotonnes CO2.