Lidl reports tripling of profits
Lidl GB has reported increased sales and a threefold rise in profits for its latest financial year.
In the 12 months to 28 February, revenue grew by 7.9% to £11.7 billion while pre-tax profit climbed to £156.8 million from £43.6 million a year earlier.
Lidl said the growth was driven by 38 million more customer visiting its stores during the year as well as its discounter efficiency model. The retailer also benefited from over £400 million in direct switching from competitors and almost £500 million in growth from customer loyalty.
Throughout the year, Lidl continued to strengthen its infrastructure through a series of new store openings, upgrades, and refurbishments across its existing estate and warehouse network. In August 2025, the retailer completed a £285 million extension of its London Belvedere distribution centre, while work has commenced on a new £150 million 38-acre site in Leeds.
Subscribe to TRBRyan McDonnell, Lidl GB chief executive, said: “Our results reflect the momentum we’ve built and the trust shoppers place in us. More households are choosing to shop with us more often, because we continue to deliver on our promise of outstanding quality at the lowest possible prices.
“Over the last year we have continued to operate with our discounter efficiency at the heart of everything we do, all the while investing strategically in areas that will benefit our people, suppliers and communities.
“This continues to set Lidl apart and I’d like to thank all colleagues for their support this year in driving our strategy forward. The fact we have maintained the title of fastest-growing bricks-and-mortar supermarket is testament to them.”
Lidl is set to reach a major milestone next month with the opening of its 1,000th store in the UK. Between now and Christmas, Lidl will open 13 new stores, with a further 40 stores launching across the country by the end of the current financial year. The growth will create more than 1,500 new jobs nationwide.
