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News Wire / economy

REWE After-Tax Profit Halved

WDR 5 Cologne 15d15d Impact 5
German retailer REWE reported that its after-tax profit was halved compared to the previous year. The company is facing cost pressures due to rising procurement, logistics, and personnel expenses. The retail sector is also required to increase investment in digitalization and processes. The company reported a drop in after-tax profits, which have been reduced by half.

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REWE retail earnings

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Sources · 7 independent

WDR 5

“das haben wir auch am Abschluss von der REWE zum Beispiel gesehen, die letzte Woche das veröffentlicht hat, ihr Ergebnis von letzten Jahr und auch den Gewinn nach Steuern nochmal halbiert hat.”

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“REWE After-Tax Profit Halved”

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