Poland's Eurocash Sees Revenues Up In First Half, Despite COVID Challenges
Independent store owners and franchisees provided a much-needed boost to wholesale operations at Poland's Eurocash in the first half, which saw revenues rise 2% to PLN 12.1 billion (€2.76 billion).
The group posted a marginal decrease in EBITDA in the period, of PLN 337 million (compared to PLN 338 million a year earlier), despite additional costs relating to the COVID-19 pandemic, which the group estimated at around PLN 17 million. Net losses were down PLN 20 million.
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