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Belarus' Eurotorg Sees Like-For-Like Sales Up 7.1% In Q1 2018

Published on May 25 2018 9:58 AM in Retail tagged: Featured Post / Euroopt / Belarus / Eurotorg / Paywall

Belarus' Eurotorg Sees Like-For-Like Sales Up 7.1% In Q1 2018

Eurotorg, Belarus' biggest retailer, has posted a 7.1% like-for-like increase in sales in the first quarter of the year.

Sales for Q1 2018 were BYN 934 million (€400 million), which is a 11.4% increase in net sales terms.

Building on a strong full-year performance, the group's first quarter was driven by a 'substantial improvement' in like-for-like traffic, the retailer said (-0.5% in the first quarter, compared to -9.3% in Q1 2017) and high growth in the average transaction size (7.6% in Q1).

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