Italy's Conad Posts 4.9% Sales Growth, Seeks To Overtake Coop
Italian retail cooperative Conad closed 2017 with sales revenues of €13 billion, up +4.9% year-on-year, while market share grew from 11.9% to 12.5% in the same period, the company has said.
In the supermarket segment, Conad’s share grew to 21.5% (an increase of 0.8%), while in the independent retail trade it saw its market share rise to 14.6% (+0.4%).
Conad is currently the market leader in the Abruzzo, Calabria, Lazio, Molise, Sardinia, Umbria regions and is second in Campania, Emilia-Romagna, Sicily and Valle d'Aosta.
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