Frisco sales increased initially by nearly 30% y / y in 2021

The sales growth dynamics of Frisco reached nearly 30% y / y in 2021, according to preliminary data, Jacek Owczarek, member of the board and financial director, informed ISBnews.

“Frisco is consistently implementing its geographic expansion strategy. In 2021, we extended the availability of our services to such centers as Poznań, Kraków, Tricity, Katowice, Sosnowiec, Mysłowice and several additional cities of the Upper Silesia and Zagłębie conurbation. According to the preliminary results, the sales growth dynamics of Frisco in 2021 reached nearly 30% compared to 2020. " - said ISBnews Shepherd Dog.

Yesterday in the evening, Eurocash published preliminary estimates for Q4 2021, according to which it recorded PLN 269.7m of consolidated EBITDA with PLN 6,873m of revenues. LFL sales in the Cash & Carry segment in the fourth quarter of 2021 increased by 5.2%, and in the Delikatesy Centrum Detal segment - by 6.5%. and Delikatesy Centrum Hurt - by 4.8%.

Eurocash Group is the largest Polish company dealing in wholesale distribution of fast-moving food products, household chemicals, alcohol and tobacco products. It also offers marketing support for independent Polish entrepreneurs operating in retail. The franchise and partner networks supported by Eurocash associate approximately 16,000 independent stores operating under brands such as abc, Groszek, Delikatesy Centrum, Lewiatan, Euro Sklep, Gama, Duży Ben, as well as Kontigo and Koliber. The company has been listed on the GPW since 2005.

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