Lidl swings to loss despite revenues rising to £9.3bn

Despite that, Lidl’s market share increased from 6/1% to 7.1% as the company attracted an additional 1.4 million shoppers

Lidl has reported a loss before tax of £75.9m despite seeing an 18.8% increase in its revenues to £9.3bn in FY23, according to its latest accounts for the 52 weeks ending 28 February 2023.

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