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Conad Sees Turnover Rise By Double Digits, Completes Auchan Takeover

Published on Dec 11 2020 8:57 AM in Retail tagged: Featured Post / Italy / Conad / Paywall / Francesco Pugliese

Conad Sees Turnover Rise By Double Digits, Completes Auchan Takeover

Italian retailer Conad is closing 2020 with a double-digit increase in turnover, strengthening its market leadership in the country.

In a statement, Conad said that its 2020 turnover stood at €15.7 billion, a 10.2% increase, putting it on a market share of 14.8%, an increase of one percentage point.

In the supermarket channel, Conad holds a market share of 24.2%, boosted by the integration of the former Auchan Retail Italia business, which has now been completed, it said.

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