Jeronimo Martins Group, the owner of Biedronka, provided preliminary financial data for 2018. At that time, the company recorded sales of 17.3 billion euro (an increase of 6.5 percent in EUR and 6.8 percent in local currency) .
At that time, the Biedronka chain recorded sales of EUR 11.7 billion, an increase of 5.6%. in EUR and 5.8 per cent in zlotys. LfL sales increased by 2.7 percent. (1.2 percent growth in the fourth quarter alone). Biedronka in 2017 recorded a sales increase of more than 13 percent.
Biedronka opened 122 new stores in 2018, ending the year with 2.9 thousand. institutions. The network grew by 77 locations, over 40 were closed.
The group reports that Sunday’s closing of stores removed from the sale of LfL in the fourth quarter of 1.3 percentage points.
Analysts associated low growth rates with the Sunday trade ban. At the same time, they indicate that the consumer climate in Poland in the fourth quarter was very positive.