This is after the “orange giant” broke the $30 billion barrier for the first time the previous year.
According to Migros, the electronic and health services sectors have witnessed particular growth.
The travel business also boomed: tour operator Hotelplan increased sales by nearly 21 percent to 1.7 billion francs. Retail sales in Switzerland rose by 4.1 percent to 24.1 billion francs. In particular, the established supermarket businesses (+3.6%) and Migros Catering (+10.2%) saw strong growth.
Online sales in all areas of the group rose by 10.3 percent to 4.1 billion francs.
Online pharmacy is a growth engine
Digitec Galaxus shares rose 11.6 percent to 2.5 billion. The health business has become an important growth driver, especially with the acquisition of Zur Rose online pharmacy. It witnessed a massive growth of 74 percent to 1.3 billion francs.
Meanwhile, stationery specialist Migros had a hard time chewing, with sales falling 7.7 per cent to 1.5 billion.
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