Aldi’s sales increased by 4.8% to £18.1bn in the 12 months to December 2024, according to the latest figures from Kantar Worldpanel Data.

However, operating profit decreased by 2.4% to £435.5m, compared to £552.9m in the previous year, due to lower pricing, infrastructure development and higher staff pay. The discounter achieved a market share of 10.8%.

The supermarket retailer said sales were driven by more families doing in-store shopping as well as more visits to top-up shops.

Giles Hurley, chief executive for Aldi UK and Ireland, said: “Shoppers are still finding things difficult, and that’s why we’re staying laser focused on doing what Aldi does best, offering customers great quality products at unbeatable prices.

”Nobody else is making the same commitment to everyday low prices – no clubs, no gimmicks, no tricks – just prices our customers can trust and quality they can depend on.”

Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning

Aldi has announced a £1.6 billion investment plan over the next two years as part of its strategy to meet the growing demand in the UK for discount supermarkets.

Hurley added: “We’re more determined than ever to meet that demand, and that’s why we’re investing a record £1.6bn over the next two years to bring Aldi prices closer to millions more customers.”

The discounter plans to open 21 new stores in the next 13 weeks, including in Shoreditch, London; Durham, North East; and Kirkintilloch, Scotland.

In 2024, the discount supermarket spent £14bn with UK suppliers as part of its commitment to supporting British businesses. Aldi also increased its staff pay twice within two months and remains the highest-paying retailer across the UK.