Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
Retail

Eurospin Sees 6.7% Growth In Revenue In 2016

Italian discount supermarket chain Eurospin ended 2016 with a 6.7% growth in revenue to €4.7 billion and profits of €184 million (compared to €169 million in 2015).

The Verona-based company also saw a 6.9% growth in EBITDA to €307 million, with the average store generating revenues of €4.34 million compared (€4.19 million in 2015). This compares to a national average of €2.56 million, according to figures published by daily Il Sole 24 Ore.

The group is attributing its positive performance to a limited range of very affordable products, sold in localised stores in small and medium-sized communities.

Company Structure

The Eurospin business consist of five companies: Spesa Intelligente, Eurospin Tirrenica, Eurospin Lazio, Eurospin Puglia, Eurospin Sicilia and Eurospin Eko (in Slovenia). It operates over 1,000 stores in Italy and Slovenia and has about 7,000 employees.

Eurospin is owned by four partners, each with a 25% stake: Dettaglianti Alimentari Organizzati, Shop, Vega and Migross.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: The European Supermarket Magazine

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days