Business · 1 hour ago

Aldi takes on more debt as profit slips by 16m

The German discount supermarket chain grew its net debt to 862m pounds in 2025 despite planning a major expansion. Pre-tax profit fell from 416m pounds to 400m pounds while its workforce dropped by about 1,000 staff members. Chief executive Giles Hurley recently announced 900m pounds of funding to open 40 new stores next year.

By BriefTea Editorial · 2 October 2026 at 11:29

Reported by City AM · How we write briefs

Get the app

More briefs

BusinessPound heading for its biggest weekly rise against the euro since May BusinessDiesel hits £2 as Britain's biggest refinery shuts for 10 weeks BusinessSony buys international rights for Sundance film 'Buddy' BusinessLinkedIn CEO Ryan Roslansky to leave Microsoft at end of 2026 BusinessMicron could buy back $100 billion in shares from December 2026 BusinessReddit stops RSS feeds and old site access from November More business stories → Browse all stories →