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Facts & Figures 2019

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Facts & Figures 2019 Facts & figures 2019 2 Migros Group Contents Overview 4 Migros Group Organisation 6 History 8 Sales 9 Earnings 10 Retail sales / Market share 11 Investments / Equity 12 Strategic business units Cooperative retailing 14 Commerce 17 Industry & wholesaling 19 Financial services 20 Travel 20 Shared services 21 Employees Migros as employer 23 Salary growth 25 Our responsibility Sustainability 27 Health 28 Voluntary social responsibility 30 Migros Group 5 Overview With sales of CHF 28.7 billion (2019), the Migros Group is Switzerland’s largest retailer, and with over 106 000 employees, it is also Switzerland’s largest private employer. Migros is owned by its more than 2 million cooperative members, organised into ten regional cooperatives. These cooperatives operate the core business of Migros Group, retailing. Migros also owns numerous industrial companies, various commercial, travel and logistics enterprises, as well as Migros Bank. Migros is committed, willingly and with conviction, to social and cultural issues. Its primary goal is to improve the quality of life of all of its customers. Migros Group Where Migros comes from, how it is structured, and the results it achieved in 2019. 6 Migros Group Migros Group 7 Organisation of the Migros Group Subsidiaries and Cooperative members Cooperatives Federation of Migros Cooperatives (FMC) foundations 2.24 million 10 regional Migros cooperatives, 6 departments approx.50 enterprises cooperative members each with its own Cooperative Council and are responsible, with the staff units, for the whole Migros Group. and foundations from various are the owners of Migros. Board of Directors, are the bedrock of Migros. The central Migros executive bodies are also located in the FMC. sectors are part of the FMC. Department I HR, communication, Industry companies 2 10 culture, leisure Sarah Kreienbühl Assembly of Department II 1 Delegates Commercial enterprises 4 President (ad interim): Irmgard Flörchinger Marketing 6 Matthias Wunderlin 8 5 Service and Executive Board Department III other companies Board of Directors Chief Executive 7 Chairman: Shared Services Officer: 3 9 Ursula Nold Rainer Baumann Fabrice Zumbrunnen Foundations Department IV Staff units Industry & Wholesaling Armando Santacesaria 1 Aare 6 Eastern Switzerland Department V 2 Basel 7 Ticino Finance 3 Geneva 8 Vaud Joerg Zulauf 4 Lucerne 9 Valais 5 Neuchâtel-Fribourg 10 Zurich Department VI Commerce Beat Zahnd 8 Migros Group Migros Group 9 History Sales The history of Migros is closely linked with its founder Migros Group sales Gottlieb Duttweiler. In 1925, he was the first to send mobile shops out on the road selling six basic products at very low in CHF million prices. His goal was to create a bridge from producer to 30 000 customer. Today, Migros is still faithful to the visions of its 28 683 25 000 27 406 27 738 28 071 28 453 founder, whose passion was always to balance economic, 20 000 social and ecological dimensions. 15 000 Ê www.migros.ch/de/unternehmen/geschichte 10 000 5000 0 2015 2016 2017 2018 2019 1983 1941 First national Conversion into a collective labour cooperative and agreement comes Migros Group sales 2019 by segment founding of the FMC into effect 2007 in percent Integration of Other 0.4% 1925 1948 Denner and Migros Travel 3.6% Founding of Migros Opening of the first AG in Zurich self-service store in Financial services 2.4% with five lorries Switzerland Industry & wholesaling 17.8% 1935 1958 2018 “Holidays for all” Founding of Migros Launch of thanks to the newly Bank “M-Check” 51.7% Cooperative founded Hotelplan retailing 2019 1928 1957 Migros will in future Own production Culture Percentage only offer Swiss begins with becomes fixed in fruit and vegetables the purchase of the statutes that are grown in Commerce 24.3% Alkoholfreie Weine greenhouses heated AG Meilen using renewable energy sources 10 Migros Group Migros Group 11 Earnings Retail sales EBIT (earnings before interest and taxes) Sales by retail and commercial enterprises in CHF million in CHF million 1250 25 000 1000 20 000 22 996 23 269 23 296 23 729 23 757 982 750 911 15 000 500 603 651 10 000 250 5000 0 201 0 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 Market share Profit Market share – Migros Group * in CHF million in percent 25 1000 20 20.9 21.4 21.8 22.1 22.1 750 15 791 500 663 10 503 475 250 335 5 0 0 2015 2016 2017 2018 2019 2015* 2016* 2017 2018 2019 * Change based on adapted values for previous year (baseline year: 2005). Based on nominal retail sales excluding fuels in Switzerland. Market shares are based on the preliminary estimates of BAK Economics / SFSO 12 Migros Group Strategic business units 13 Investments in CHF million 2000 1500 1663 1476 1516 1574 1000 1356 500 0 2015 2016 2017 2018 2019 Strategic business units From the bakery to the travel agency: Equity Migros operates in a wide range of sectors. in CHF million 21 000 18 000 18 781 17 913 18 417 15 000 16 802 17 455 12 000 9000 6000 3000 0 2015 2016 2017 2018 2019 14 Strategic business units Strategic business units 15 Distribution network – cooperative retailing Cooperative retailing 2019 2018 Supermarkets M 363 351 The ten regional cooperatives are the very foundation of MM 205 208 Migros. They are independently managed, issue their own MMM 50 49 annual financial statements and control their own sales areas Other supermarkets* 9 9 and staff in the core business, retailing under the Migros name. Total supermarkets 627 617 Their most important functions are the sale of merchandise Sales area m2 957 394 945 083 and the purchasing of regional product assortments, while Specialist markets Do It + Garden 43 45 the Federation of Migros Cooperatives takes care of central Micasa 35 34 services such as purchasing, logistics or IT. The executive Interio 11 11 bodies of a regional cooperative are all members (original SportXX 62 62 ballot), the Cooperative Council, administration, management Melectronics 102 106 and auditors. The 111-member Assembly of Delegates is Obi home improvement stores /garden 11 11 appointed from the 10 cooperative committees and Total specialist markets 264 269 Sales area m2 426 416 436 623 also includes an ad hoc representative from each of the 10 management teams as well as an independent Chair. Migros catering services M-Restaurants 159 161 Take Away and other gastronomic formats** 154 163 Total M-Restaurants & Take Away 313 324 Sales area m2 94 928 95 121 Sales by the cooperatives* Others Supermarkets France 3 3 in CHF million Tegut (Germany) 275 273 Migros partners 52 49 VOI 57 53 17 500 Single-line stores*** 43 38 15 000 15 613 15 634 15 557 16 255 16 062 Migros Club School sites 50 50 12 500 Leisure facilities**** 332 310 10 000 Medbase and Santémed health centres 100 51 7500 “Green Meadow Parks” Foundations 5 5 5000 * Integrated in MParcs or specialist markets 2500 ** Chickeria, Kaimug, Hitzberger, Coffee&Time *** Outlets, Alnatura organic supermarkets, independent Outdoor by SportXX stores, etc. 0 **** Including water parks, sports facilities and golf courses; ACTIV FITNESS; Migros Fitness Club; 2015 2016 2017 2018 2019 ONE Training Center; MFIT; Migros fitness centres; Only Fitness; ELEMENTS studios in Germany; INJOY franchise facilities in Germany, Austria and Belgium; and FT clubs in * Adjustment from 2018: cooperatives including subsidiaries in Switzerland and abroad Germany, Austria, Switzerland, the Netherlands and Italy 16 Strategic business units Strategic business units 17 Ten cooperatives Commerce Cooperative Cooperative members Employees * Managing Director The Federation of Migros Cooperatives owns seven market- Aare 525 261 12 031 Anton Gäumann Zurich 334 234 9 102 Jörg Blunschi leading retail companies, including discounter Denner, E. Switzerland 414 560 10 007 Peter Diethelm convenience specialist migrolino and gas station operator and Lucerne 197 312 5 969 Felix Meyer mineral oil provider Migrol. Migros also owns Digitec Galaxus, Vaud 153 827 3 338 Anton Chatelan the non-food online retailer with the highest revenue; Ex Libris, Geneva 135 877 3 175 Philippe Echenard the leading online bookseller; and Le Shop, the largest online Basel 169 508 3 442 Stefano Patrignani food retailer in Switzerland. The Group’s portfolio also includes Neuchâtel-Fribourg 125 603 2 511 Jean-Marc Bovay the Globus department stores and fashion stores; however, Valais 81 760 1 935 Max Alter these are currently in the process of being sold. Ticino 98 869 1 515 Lorenzo Emma * Annual average Net revenues on deliveries and services 2019 2018 Change Net revenues of cooperatives, including subsidiaries in Switzerland and abroad Sales in CHF million in % Denner AG 3252 3181 2.2 Sales in CHF million Migrol AG 1548 1530 1.2 Change over previous year (in %) 0.6% Magazine zum Globus AG 763 808 – 5.6 4000 3949 – 2.1% Digitec Galaxus AG 1106 953 16.1 3500 3410 Depot (Gries Deco Group)* 436 554 – 21.2 3000 – 0.8% migrolino AG 593 516 14.9 2500 2392 Le Shop AG 190 185 2.8 2000 – 0.8% Ex Libris AG 99 99 0.4 1500 – 2.6% – 1.3% 1467 – 1.4% – 3.8% Other enterprises* 48 58 – 16.6 1000 1114 1109 925 – 2.4% – 2.3% 500 750 483 462 Total 8023 7869 2.0 0 Aare Vaud Basel Zurich Lucerne Geneva Valais Ticino E. Switzerland Neuchâtel-Fribourg * Depot (Gries Deco Group) and m-way ag: including revenue up to date of divestiture 18 Strategic business units Strategic business units 19 Distribution network – commerce 2019 2018 Industry & wholesaling Denner Stores, satellite stores and Denner-Express With its own manufacturing companies, Migros is one of the Total 822 817 largest manufacturers of own-brand products worldwide.
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