"Despite all the adversities that the 2020 financial year brought, the Oetker Group managed to maintain business operations and even grow in individ-ual areas. We were able to absorb the losses associated with the Corona pandemic within the group,” says Dr Albert Christmann, General Partner of Dr. August Oetker KG, commenting on the figures published today. Due to the measures taken to contain the pandemic, the group’s hotels and the Beer and Nonalcoholic Beverages division suffered particularly. In contrast, the Food division and Oetker Digital/New Business Models in particular were able to close the 2020 financial year on a positive note.

It is difficult to make a forecast for the current financial year: “Much will cer-tainly depend on the success of vaccination in all countries of the world. Because if there is one thing we have learned, it is that we must find global solutions together. Neither the virus nor the global economy are impressed by national go-it-alone mentalities“, says Christmann.