Migros Group

2025 financial statements: Migros is in robust financial health

The Migros Group is emerging stronger from its transformation. Its supermarkets performed solidly, while its non-food business grew strongly.

Text: Jörg Marquardt
Image: The Alpinists / Valentin Manhart
Date: 24.03.2026
Format: Story

CHF 31.9bn

of group revenue was recorded, although this includes proceeds from divested companies. The turnover in the remaining business areas, which climbed to CHF 29.4 billion (+1.1%), is significant for the comparison with the previous year.

CHF 1133m

of group profit was generated; a significant rise on the previous year (CHF 419m). This also includes special effects from the disposal of companies.

CHF 18.5bn

was the equity in Migros’ retail and industry businesses at the end of 2025. That's 80.6% of total assets (previous year: 78.7%). Migros is therefore in robust financial health.

13.6%

revenue growth was posted by the non-food retail division, bringing the total to CHF 3.5 billion. This was mainly driven by the online retailer Digitec Galaxus, which extended its position as Switzerland’s market leader.

“The major reorganisation has been completed successfully”

Mario Irminger, the President of the Executive Board of the Federation of Migros Cooperatives, analyses Migros’ figures.

Looking back at the 2025 financial year, what are you particularly proud about?
Our supermarket business is performing well. We’ve cut prices noticeably for customers, yet our turnover remains very solid. Opening up many new stores has brought us even closer to the Swiss people. I was especially pleased about the strong growth of Digitec Galaxus and Medbase.

Where does Migros need to improve?
Our new visione defines our direction in this respect. Entitled 'A Switzerland with high quality of life for everyone', this vision is based on three elements: top-notch performance in every business area, a strong social commitment and involving the Migros community in our commercial success. That’s what our almost 100,000 employees work to achieve every single day.

How much progress has Migros made with its reorganisation?
The major reorganisation has been completed successfully. The Migros Group now comprises successful companies aligned with its strategy. This enables us to make the most of our strengths and provide the people of Switzerland with real added value in every aspect of their lives.

CHF 1.7bn

turnover was generated by Migros healthcare services. That's an increase of 4.7%.

50,000

new customers were attracted by Migros Bank. At CHF 276.2 million, annual profits were down slightly (-2.1%), mainly due to lower key interest rates.

3292

apprentices worked for the Migros Group in more than 55 professions - as did 91,689 employees. Migros is Switzerland’s largest private-sector employer and training provider. It currently has more than 1000 vacancies.

CHF 1.5bn

was invested by Migros in Switzerland, including in stores, the logistics operations of Digitec Galaxus and Denner and Migros Industrie’s production facilities.