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Ireland's BWG Group Posts €1.4bn In Sales In Full Year 2017

Published on Aug 31 2018 10:19 AM in Retail tagged: Ireland / Spar / Londis / Mace / BWG Group

Ireland's BWG Group Posts €1.4bn In Sales In Full Year 2017

BWG Group, which operates the Spar franchise in Ireland, has posted revenue of €1.41 billion in the 12 months to 30 September 2017, according to documents posted at the Companies Registration Office.

This is up from €1.39 billion the previous year.

In addition, the group posted profit before tax of €29.8 billion, up from €24.2 billion a year earlier.

Regional Performance

Some €1.2 billion worth of turnover, around 87.5%, was generated in the group's Irish operation, which encompasses the Spar, Spar Express, Eurospar, Mace, Londis and XL banners, while €174.6 million was generated in the group's UK wholesale operation, Appleby Westward.

BWG acquired the Appleby Westward business in May 2017.

Payroll costs increased to €70.8 million for the period, BWG Group said, up from €60.9 million a year earlier, while directors remuneration was €1.07 million, up from €1.05 million a year earlier.

© 2018 European Supermarket Magazine – your source for the latest retail news. Article by Stephen Wynne-Jones. Click subscribe to sign up to ESM: European Supermarket Magazine.

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