Migros recorded strong sales figures in 2025 and is enjoying growth in the remaining business areas

In its 100th anniversary year, the Migros Group strengthened its core business—the supermarket—by offering customers permanently lower prices, helping them to make savings totalling CHF 500 million. It gave the green light for the CHF 2 billion investment package to open 140 new stores and modernise 350 existing ones. It also expanded its range of fresh and regional products and strengthened its own brands.

The Migros Group also disposed of companies that were either loss-making or not in line with its strategy. The sale of Mibelle Group, Hotelplan Group, micasa, SportX and OBI brought the portfolio streamlining programme initiated in 2024 to a successful conclusion. Group sales for 2025 include holdings in the divested companies for the last time up to the date of the change of ownership. Sales generated in the remaining Migros Group companies are material for the comparability of operating performance. Excluding the divested companies, the Migros Group posted currency-adjusted sales of CHF 29.4 billion and achieved growth of 1.1%.

Food Retail business area

The Food Retail business area, which comprises Migros cooperative retail business including Migros Online, Migros Industrie, Denner, migrolino and Migrol, generated sales of CHF 24.3 billion. Adjusted for the divested companies, sales came in at CHF 23.2 billion (+ 0.0%). Excluding fuels, Food Retail sales increased by 0.4%. The sales generated at Migros supermarkets incl. Migros Online totalled CHF 12.7 billion (-0.5%). As expected, the low-price campaign in the supermarkets and the temporary store closures for renovation work had a negative impact on sales. Denner achieved sales of CHF 3.8 billion (+0.2%), Migrol CHF 1.3 billion (-6.5%) and migrolino CHF 0.8 billion (+4.8%).

Non-Food Retail business area

Non-Food Retail recorded strong growth, with consolidated sales rising by 13.6% to CHF 3.5 billion. This performance was driven by the Digitec Galaxus Group, which continued its growth trajectory of previous years.

Health business area

Healthcare services sales grew by 4.5% to reach CHF 1.7 billion, driven by the strong sales performance of the Medbase Group.

Financial Services business area

Migros Bank will publish its annual financial results on 11 February 2026.

A successful start to the second century

Building on a strong foundation, the Migros Group is entering its second century. 2026 will be the first full year in which it will consistently focus on the four strategic business areas of Food Retail, Non-Food Retail, Health and Financial Services. With its new Vision 2035, the Migros Group is focussing on the guiding principle of "A Switzerland providing high quality of life for everyone". It wishes to set standards for everyday services and give back a significant share of its success in a carefully targeted way: On the one hand, as before, to society through investments in education, culture, leisure and sustainability, and on the other, in future, to the Migros Community, i.e. to customers, cooperative members and employees.

Media conference on the financial results

The Federation of Migros Cooperatives' (FMC) annual media conference on the financial results will be held in Zurich on Tuesday, 24 March 2026. Invitations will be sent out shortly.

Migros Group

*) including divested companies up to the date of disposal
*)) currency-adjusted and excluding divested companies