Retail

Annual sales at Aldi’s UK and Ireland business hit £15.5bn

Operating profit also rose sharply

Sales and profits were both up significantly at the supermarket chain

Aldi’s UK and Ireland business has reported annual sales of £15.5 billion for 2022, jumping from £13.6 billion in the previous year. It also reported an operating profit of £178.7 million for the year, up from £60.2 million in 2021, on the back of increased sales.

It added that more recent sales data, compiled by Kantar earlier this month, showed the business saw 17.1 per cent growth year-on-year as shoppers seek to reduce the cost ...