The food division of the Dr. Oetker Group generated sales of 3.71 billion euros last year.
Despite a normalization of the markets after the Corona exceptional year 2020, the sales level was at the high level of the previous year, the Bielefeld-based company announced on Tuesday.
It did not provide any precise information on the profit, but spoke of a "still adequate result".
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In this context, Oetker mentioned "very challenging economic conditions" with noticeable increases in purchasing prices in the second half of the year.
With 136 million euros, the companies in the division invested almost 13 percent less than in 2020.
The division includes the companies Dr.
Oetker with pizzas, cakes, baking mixes and desserts as well as the frozen cake manufacturer Coppenrath & Wiese.
Two thirds of the division's sales were generated abroad.
The number of employees climbed by two percent to a good 17,900.
Significant burden
For this year, Dr.
Oetker with a slight increase in sales for the division.
Exact details were not given.
The procurement and logistics situation will continue to burden the division as a result of the Ukraine war "continue to be significant and unfortunately increasing".
The company spoke of high double-digit percentage increases in the cost of raw materials.
There is a similar development in packaging materials, transport services and energy.
Nevertheless, the medium-term plans are being adhered to, emphasized Dr.
Oetker.
As a result of the Ukraine war and the corona-related distortions in the supply chains, Dr.
Oetker significant cost increases.
These would force price increases and austerity measures.
However, the company wants to pass on as little of the cost increases as possible to consumers.
In the coming week, Dr.
Oetker publish the annual figures for the entire group.
After the demerger, which was completed on November 1, 2021, these include the Radeberger brewery group, the Flaschenpost delivery service and hotels in addition to the food division.