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Operating Profits Soar At Eurocash Group's Retail Business

Published on Nov 13 2019 8:59 AM in Retail tagged: Featured Post / Poland / Delikatesy Centrum / Mila / Paywal / Eurocash Group / World News

Operating Profits Soar At Eurocash Group's Retail Business

Poland's Eurocash Group has seen EBITDA in its retail arm soar by 179% in the third quarter of its financial year, boosted by recent acquisitions.

The group posted sales of PLN 1.52 billion (€350 million) in its retail arm in the period, which was 7.5% higher than the previous year.

Sales Drivers

This was driven by a 6% sales increase at its Delikatesy Centrum franchise stores, and an 8.5% increase at company-owned stores, operating under the Delikatesy Centrum and Mila brands.

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