Eroski Sees 10.5% Revenue Increase In First Half
Spanish retailer Eroski achieved revenues of €3.2 million in the first half of its financial year, ending 31 July 2017, which represents an increase of 10.5% on the same period last year.
Meanwhile, the retailer's parent company, Eroski S. Coop, ended the period with profits of €9.8 million, up 11% year on year.
Eroski says that it invested €38 million in its store network during this period, which included opening 21 new supermarkets and remodelling 57 existing stores.
Eroski operates 1,784 stores in Galicia, the Basque Country, Navarra, Catalonia and the Balearic Islands, including supermarkets, hypermarkets, and cash-and-carry outlets, as well as gas stations, opticians, travel offices, perfumeries and sports-equipment stores.
© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.