Appendix
People and Partnership
Planet and Product
The Action Story
Action in 2024
Message from our CEO
Governance
Since our founding, we have experienced a strong growth journey. Millions of customers shop at Action because they love the Action formula – and our way of doing business, which means we are able to offer good quality and increasingly sustainable products at the lowest prices.


We take a straightforward approach to the way we operate. We sell the same products in all our stores. And because of our size, we can buy these products in large volumes. That allows us to save costs in production and transport. We pass these cost savings on to our customers by lowering our prices wherever possible.
To keep things simple, we use standardised processes. We consistently apply our formula across all our stores. We have one recognisable brand, one store experience and one operating model. We also operate as efficiently as possible – after all, every cent counts. That is why we are very cost conscious, for instance, when it comes to marketing. And our stores are mostly located off the high street where rents are lower.
The Action formula
What is the Action formula?
Our formula is always the same across our stores:
We sell good quality and increasingly sustainable products at the lowest prices. Two thirds of our products are priced under €2.
We introduce 150 new products every week. This keeps our offering to customers surprising, up-to-date and relevant – and means we can adapt quickly to changes in customer demand.
We have many suppliers around the world, and we look to build long-term relationships with these suppliers to ensure product quality and availability. Some of our suppliers have been with Action since we started in 1993. Around 44% of our suppliers are based in Europe. In fact, in several countries, we sell products of local origin. We also source products from China, India and other countries in Asia. Currently, we are looking to buy more products from wholesalers and importers closer to our stores to avoid possible supply disruptions and reduce our transport costs and environmental impact. We apply the same strict quality and production standards, irrespective of the source of our products.
We build strong supplier partnerships
Our products include everyday necessities like cleaning or sanitary products, as well as products that make daily life easier or more enjoyable, like picture frames, house paint and grass fertiliser. It is these products that turn a house into a home – and allow people to pursue their hobbies, whether that is cooking, gardening or do-it-yourself.
We sell 6,000 different products across fourteen categories.
Our product range
Our products continued to win awards in 2024 – a testimony to our focus on quality. Action also won retail category awards in Austria, Belgium, France, Germany, Italy, the Netherlands and Poland. In France, we were voted the country’s favourite retailer for the second successive year.
Award-winning products


Pure Soft Ultra Soft & Extra Strong toilet paper
Best-buy product in 4-5 ply category, Belgium


Spectrum high gloss spray paint
Product of the year, Netherlands
A-Force AA batteries
Best-tested product by Radar, Netherlands


Zenova Sunmilk Sensitive 30 SPF
Best-buy product, Belgium


Spectrum 2-in-1 Satin Wood Lacquer White
Product of the year, Belgium


Max & More eye shadow
Product of the year, Belgium

Prime property prize
POLAND

Best store chain
Decoration and gift ideas
FRANCE

Elected
France’s favourite retailer
FRANCE

Retailer of the year
In household and gifts
AUSTRIA

Brand of the year
Household goods
ITALY

Retailer of the year
In household and gifts
In decoration
Special prize
GERMANY

Retailer of the year
Best department store
NETHERLANDS
Retailer of the year
Best department store
BELGIUM
Action awards and winning products, 2024
Our products comply with strict quality and safety standards. As part of this, our products are subject to various testing procedures depending on their category and supplier type. In 2024, we introduced a new product safety policy, which sets out provisions for product testing, compliance and ‘continuous quality improvement’. This policy applies to all our suppliers.
Maintaining strict quality and safety standards
Swipe to view image
22 of our employees are based in countries where we do not have stores or distribution centres.
To support this growth, we also opened new distribution centres in Italy and Spain. We see future opportunities for growth, too, and plan to open the first Action stores in Switzerland and Romania in 2025.
Our network of stores and distribution centres
We have been growing our network of stores since we were founded in 1993. In 2024 alone – in response to increasing customer demand – we added a record number of new stores, including our first store in Portugal.
New Action stores in 2024
Total number of stores added during 2024: 352
Research shows that Action stores attract a wide range of people in terms of education, age and income. On a weekly basis, an average of 13.6 million customers use the Action app and visit the Action website.
More customers are visiting Action stores

Source: GfK, June 2024; average of Action markets with national coverage NL, BE, DE, FR, AT, PL & CZ
50+
35-49
18-34
Men
Women
Low
Medium
High
Low
Medium
High
Profile of our customers
Action’s strategy is clear and consistent, and will support our continued growth in the years ahead.
Action’s strategy
Planet
We are committed to reducing greenhouse gas (GHG) emissions across our value chain. Our targets are approved by the Science Based Targets initiative and support the Paris Climate Agreement.
Product
We continually invest in the quality and sustainability of our products, and in making our value chain more transparent to uphold our ethical sourcing standards, buying only from suppliers who respect human and labour rights.
Part of our strategy is our commitment to sustainability. We believe that discount retail and sustainability can go hand in hand. Our Action Sustainability Programme is inspired by the UN 2030 Sustainable Development Goals (SDGs). Thanks to our size, we can make a real difference.
Our commitment to sustainability
Partnership
We are closely connected to the communities in which we work and contribute to their well-being where possible. We focus on helping children because they are the future and we believe all children have a right to grow up in a safe and loving environment.
People
Our colleagues are the beating heart of Action. We offer stable employment to a fast-growing number of people. We support our colleagues by providing teamwork, growth and learning opportunities, so they can reach their potential regardless of their background.
2024
2023
2022
Like-for-like sales growth
(% change on year)
+22%
+27%
+31%
Our net sales
(in € billions and % change on year)
We once again delivered net sales growth in 2024, continuing the trend of recent years and confirming the strength of our financial model. Net sales were €13.8 billion, up by 22% on the previous year. The rise was driven both by our growth and a 10.3% increase in like-for-like sales, which exclude the effect of new store openings. Strong growth in our customer base and an increased demand for everyday necessities boosted the rise in like-for-like sales.
Our financial performance in 2024
Since our founding, we have experienced a strong growth journey. Millions of customers shop at Action because they love the Action formula – and our way of doing business, which means we are able to offer good quality and increasingly sustainable products at the lowest prices.


To keep things simple, we use standardised processes. We consistently apply our formula across all our stores. We have one recognisable brand, one store experience and one operating model. We also operate as efficiently as possible – after all, every cent counts. That is why we are very cost conscious, for instance, when it comes to marketing. And our stores are mostly located off the high street where rents are lower.
We take a straightforward approach to the way we operate. We sell the same products in all our stores. And because of our size, we can buy these products in large volumes. That allows us to save costs in production and transport. We pass these cost savings on to our customers by lowering our prices wherever possible.
The Action formula
What is the Action formula?
Our formula is always the same across our stores:
We sell good quality and increasingly sustainable products at the lowest prices. Two thirds of our products are priced under €2.
We introduce 150 new products every week. This keeps our offering to customers surprising, up-to-date and relevant – and means we can adapt quickly to changes in customer demand.
We have many suppliers around the world, and we look to build long-term relationships with these suppliers to ensure product quality and availability. Some of our suppliers have been with Action since we started in 1993. Around 44% of our suppliers are based in Europe. In fact, in several countries, we sell products of local origin. We also source products from China, India and other countries in Asia. Currently, we are looking to buy more products from wholesalers and importers closer to our stores to avoid possible supply disruptions and reduce our transport costs and environmental impact. We apply the same strict quality and production standards, irrespective of the source of our products.
We build strong supplier partnerships
Our products include everyday necessities like cleaning or sanitary products, as well as products that make daily life easier or more enjoyable, like picture frames, house paint and grass fertiliser. It is these products that turn a house into a home – and allow people to pursue their hobbies, whether that is cooking, gardening or do-it-yourself.
We sell 6,000 different products across fourteen categories.
Our product range
Our products continued to win awards in 2024 – a testimony to our focus on quality. Action also won retail category awards in Austria, Belgium, France, Germany, Italy, the Netherlands and Poland. In France, we were voted the country’s favourite retailer for the second successive year.
Award-winning products

Spectrum 2-in-1 Satin Wood Lacquer White
Product of the year, Belgium



Pure Soft Ultra Soft & Extra Strong toilet paper
Best-buy product in 4-5 ply category, Belgium
A-Force AA batteries
Best-tested product by Radar, Netherlands


Max & More eye shadow
Product of the year, Belgium

Retailer of the year
Best department store
BELGIUM
Retailer of the year
Best department store
NETHERLANDS
Brand of the year
Household goods
ITALY

Best store chain
Decoration and gift ideas
FRANCE

Retailer of the year
In household and gifts
AUSTRIA

Prime property prize
POLAND

Elected
France’s favourite retailer
FRANCE

Retailer of the year
In household and gifts
In decoration
Special prize
GERMANY


Zenova Sunmilk Sensitive 30 SPF
Best-buy product, Belgium

Action awards and winning products, 2024


Spectrum high gloss spray paint
Product of the year, Netherlands
Our products comply with strict quality and safety standards. As part of this, our products are subject to various testing procedures depending on their category and supplier type. In 2024, we introduced a new product safety policy, which sets out provisions for product testing, compliance and ‘continuous quality improvement’. This policy applies to all our suppliers.
Maintaining strict quality and safety standards
22 of our employees are based in countries where we do not have stores or distribution centres.
Distribution centres
To support this growth, we also opened new distribution centres in Italy and Spain. We see future opportunities for growth, too, and plan to open the first Action stores in Switzerland and Romania in 2025.
We have been growing our network of stores since we were founded in 1993. In 2024 alone – in response to increasing customer demand – we added a record number of new stores, including our first store in Portugal.
Our network of stores and distribution centres
New Action stores in 2024
Total number of stores added during 2024: 352

Research shows that Action stores attract a wide range of people in terms of education, age and income. On a weekly basis, an average of 13.6 million customers use the Action app and visit the Action website.
More customers are visiting Action stores
Source: GfK, June 2024; average of Action markets with national coverage NL, BE, DE, FR, AT, PL & CZ
Low
Medium
High
Low
Medium
High
Men
Women
50+
35-49
18-34
Profile of our customers
Action’s strategy is clear and consistent, and will support our continued growth in the years ahead.
Action’s strategy
Partnership
We are closely connected to the communities in which we work and contribute to their well-being where possible. We focus on helping children because they are the future and we believe all children have a right to grow up in a safe and loving environment.
Product
We continually invest in the quality and sustainability of our products, and in making our value chain more transparent to uphold our ethical sourcing standards, buying only from suppliers who respect human and labour rights.
Planet
We are committed to reducing greenhouse gas (GHG) emissions across our value chain. Our targets are approved by the Science Based Targets initiative and support the Paris Climate Agreement.
People
Our colleagues are the beating heart of Action. We offer stable employment to a fast-growing number of people. We support our colleagues by providing teamwork, growth and learning opportunities, so they can reach their potential regardless of their background.
Part of our strategy is our commitment to sustainability. We believe that discount retail and sustainability can go hand in hand. Our Action Sustainability Programme is inspired by the UN 2030 Sustainable Development Goals (SDGs). Thanks to our size, we can make a real difference.
Our commitment to sustainability
Like-for-like sales growth
(% change on year)
2024
2023
2022
+22%
+27%
+31%
Our net sales
(in € billions and % change on year)
We once again delivered net sales growth in 2024, continuing the trend of recent years and confirming the strength of our financial model. Net sales were €13.8 billion, up by 22% on the previous year. The rise was driven both by our growth and a 10.3% increase in like-for-like sales, which exclude the effect of new store openings. Strong growth in our customer base and an increased demand for everyday necessities boosted the rise in like-for-like sales.