Strong second half of the year – with gradual improvement in the market position
For Rimi Baltic, 2024 was characterised by a strong focus on costs and efficiency as well as active work with optimising the assortment and campaigns. Overall, this resulted in a strong second half of the year, with improvements in market shares as well as profitability.
Rimi Baltic in brief
Rimi Baltic operates a grocery retail business through some 315 wholly owned stores in Estonia, Latvia and Lithuania. The properties owned by the Group in the Baltic region are also part of Rimi Baltic. At year end, Rimi Baltic had 84 stores in Estonia, 140 in Latvia and 91 in Lithuania. Rimi Baltic’s combined market share in the region is around 13%*.
*Source Country statistics.
Key figures 2024
21,874 SEK m
Sales 2024
849 SEK m
Operating profit 2024*
3.9%
Operating margin 2024*
*Excluding items affecting comparability