- What are the revenues of the largest enterprises in our market?
- How many stores do the largest retailers in Poland have?
- As in the first quarter of this year. their sales were comparable.
Dino Polska – 66 new stores in three months
Dino Polska’s quarterly sales revenue was 3.85 billion PLN and net profit was almost 191.4 million PLN. The EBITDA result was about 333 million PLN, up 37.1 percent. It is higher than the first quarter of 2021
In the first quarter of 2022, the Dino grocery chain opened a new chain of operations, opening 66 new stores. The expansion resulted in a 32 percent increase in the number of visitors to Dino stores. Compared to the first quarter of 2021 and increased by 39.6% in turnover to 3.85 billion PLN, sales in stores that have been available for more than a year increased by 20.4%.
At the end of March, the chain consisted of 1,880 stores, with an annual sales growth of more than 23%. At the same time, employment in Dino Group increased by 6,500 people in 12 months. people, up to 33.4 thousand.
Dino Polska focuses on the future dynamic expansion, taking into account all regions of Poland. Investment expenditures for this purpose in the first quarter of this year. 336 million PLN.
Biedronka – LfL sales increased by 12 percent
In the first quarter of 2022, the Biedronka network’s revenues in the national currency increased by 15.4%. yy. LfL sales increased by 12.2 percent. Revenues in euros increased by 13.4%. Up to 3.8 billion euros.
Volume growth slowed at the beginning of the year, but the war, which began in March, led to a significant increase in stocks, donations and the flow of refugees to Poland in some product categories, which led to an increase in Biedronka. market share.
Biedronka’s EBITDA amounted to 318 million euros (an annual increase of 11.4% in euros). The margin was 8.3 percent. (8.4% a year ago). Jeronimo Martins believes that Biedronka’s strong sales results, supported by higher volumes, have reduced significant cost growth in March.
In the first quarter, Biedronka opened 16 stores (11 net) and rebuilt 61 locations. At the end of March, it had 3,261 stores.
Jeronimo Martins’ CAPEX in the first quarter was 99 million euros, up from 78 million euros a year ago.
Jeronimo Martins confirmed the forecasts for 2022, which were presented in March. At the time, the company estimated that this year’s capital expenditures would be around 850 million euros. The plan calls for the opening of about 130 Biedronka stores and a new distribution center, as well as the modernization of about 350 outlets.
Eurocash – Arhelan boosts retail performance
Eurocash Group’s sales revenue in the first quarter of 2022 reached 6.53 billion PLN, an increase of more than 12%. This is more than in the corresponding period of 2021
The group had a net loss of 50 million PLN in the first quarter. This was less than the previous year, when the damage amounted to 71 million PLN. Significantly higher sales were achieved in each distribution format of the wholesale segment, sales in the retail segment increased mainly due to the acquisition of the Arhelan network, and sales growth in the Projects segment was due to further expansion of Frisco and Dui Ben.
In the first quarter of 2022, foreign sales of goods in the wholesale segment by Eurocash Group amounted to 4.67 billion PLN, an increase of 11.5%. more than in the same period last year. The wholesale segment of EBITDA increased by 26.5% during the period under discussion. y / y, up to 149 million PLN.
– Confirmation of a strong rebound is comparable sales dynamics (LfL) growing at Cash & Carry without a 12 percent decline. increased by 14 percent in the first quarter of last year. In the first quarter of this year – said Jacek Owczarek, board member and chief financial officer of Eurocash Group.
At the end of March 2022, Eurocash Dystrybucja’s customers included Lewiatan, Euro Sklep, Groszek and Gama (PSD), a total of 5,617 affiliated partner and franchise stores, and 8,720 stores in the ABC network organized by Eurocash.
In the first quarter of 2022, sales of goods by the Eurocash Group in the retail segment amounted to 1.66 billion PLN, an increase of 12.4%. Compared to the first three months of 2021, it increased by 44.8 percent. y / y, up to 52 million PLN, while the segment’s EBITDA increased. Thus, the profitability of EBITDA increased by 3.1%. 2.4 percent a year ago.
The increase in sales in the retail segment is mainly the result of the completion of the acquisition of the Arhelan chain in November last year. Eurocash Group increased its revenues by 141 million PLN. Sales losses resulting from the closure of Delikatesy Centrum’s 50 stores were offset by increased sales of LfL. This had a positive effect on the profitability of the segment. Our stores still lag behind franchisees in terms of efficiency, especially in terms of sales value per square meter.
The small supermarket chain built by Eurocash Group at the end of the first quarter of 2022 consisted of 1,554 stores, including 1,514 stores operating under the Delikatesy Centrum brand (944 of which are franchise stores and 570 are private or joint venture stores). . Eurocash Group’s retail segment also includes 410 Inmedio outlets.
Group Muszkieterów – Intermarché with a revenue of 1 billion PLN
After the first three months of this year. Musketeers Group has a turnover of more than 2 billion PLN. This is more than 210 million PLN and an increase of 12 percent. yy. The turnover of the Intermarché network, excluding filling stations, exceeded LfL by more than 8% to more than 1 billion PLN.
In the first quarter of this year. The Intermarché chain with gas stations provided a turnover of 1.3 billion PLN. The Network is working to improve the Power concept. All Remodeling Intermarché stores are a platform for optimization, including. a range of services and operating processes. This year is also a time of growing work on a new version of the Intermarché private label offer and flexible loyalty program. In addition, the Muszkieterów Group is constantly developing e-commerce activities by developing the Intermarché Drive service.
Carrefour grows in Poland
In the first quarter of 2022, Carrefour sales grew by 9%. (3.4% LfL). The group’s sales amounted to 20.2 billion euros.
Sales in Poland amounted to 505 million euros, an increase of 5.5 percent in LfL. LfL sales in Europe grew by only 0.7%. At the end of the first quarter of 2022, the Group had 935 stores in Poland (92 hypermarkets, 152 supermarkets, 682 markets and 9 discount stores). By the end of 2021, there were 955 stores in Poland (91 hypermarkets, 151 supermarkets, 704 markets and 9 discount stores).