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Spar International Posts Global Sales Of €35.8bn In FY 2018

Published on May 22 2019 7:40 AM in Retail tagged: Trending Posts / Europe / Middle East / Spar International / asia / Paywall

Spar International Posts Global Sales Of €35.8bn In FY 2018

Spar International has posted global retail sales of €35.8 billion – up 5.4% on a constant-currency basis – in its 2018 financial year.

It is the third consecutive year of strong growth for the global retail giant, which operates over 13,112 stores in 48 countries across the world.

Commenting on the results, Tobias Wasmuht, chief executive of Spar International, said, “Our continuous compound annual growth of 5.2% over the last three years creates a strong platform to build from for the future and indicates that our ‘Better Together’ strategy, launched in 2016, continues to deliver for the organisation, our partners, and our customers.”

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