In This Article:
Key Insights
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Sligro Food Group will host its Annual General Meeting on 27th of March
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Salary of €624.0k is part of CEO Koen Slippens's total remuneration
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The overall pay is 97% above the industry average
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Sligro Food Group's three-year loss to shareholders was 39% while its EPS grew by 86% over the past three years
In the past three years, the share price of Sligro Food Group N.V. (AMS:SLIGR) has struggled to grow and now shareholders are sitting on a loss. Despite positive EPS growth in the past few years, the share price hasn't tracked the fundamental performance of the company. These are some of the concerns that shareholders may want to bring up at the next AGM held on 27th of March. They could also influence management through voting on resolutions such as executive remuneration. We think shareholders might be reluctant to increase compensation for the CEO at the moment, according to our analysis below.
Check out our latest analysis for Sligro Food Group
How Does Total Compensation For Koen Slippens Compare With Other Companies In The Industry?
According to our data, Sligro Food Group N.V. has a market capitalization of €581m, and paid its CEO total annual compensation worth €1.1m over the year to December 2023. That is, the compensation was roughly the same as last year. We note that the salary of €624.0k makes up a sizeable portion of the total compensation received by the CEO.
For comparison, other companies in the the Netherlands Consumer Retailing industry with market capitalizations ranging between €366m and €1.5b had a median total CEO compensation of €563k. Accordingly, our analysis reveals that Sligro Food Group N.V. pays Koen Slippens north of the industry median. Moreover, Koen Slippens also holds €1.5m worth of Sligro Food Group stock directly under their own name.
Component | 2023 | 2022 | Proportion (2023) |
Salary | €624k | €603k | 56% |
Other | €485k | €494k | 44% |
Total Compensation | €1.1m | €1.1m | 100% |
Talking in terms of the industry, salary represented approximately 42% of total compensation out of all the companies we analyzed, while other remuneration made up 58% of the pie. Sligro Food Group pays out 56% of remuneration in the form of a salary, significantly higher than the industry average. If total compensation veers towards salary, it suggests that the variable portion - which is generally tied to performance, is lower.
A Look at Sligro Food Group N.V.'s Growth Numbers
Sligro Food Group N.V.'s earnings per share (EPS) grew 86% per year over the last three years. In the last year, its revenue is up 15%.
This demonstrates that the company has been improving recently and is good news for the shareholders. It's a real positive to see this sort of revenue growth in a single year. That suggests a healthy and growing business. Looking ahead, you might want to check this free visual report on analyst forecasts for the company's future earnings..