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

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.

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