Strong Sales Growth
Consolidated sales grew by 6.7% (6% at constant exchange rates) reaching EUR 17.4 billion, with a like-for-like increase of 1.6%.
EBITDA Improvement
EBITDA grew by 10.3% (9% at constant exchange rates) to EUR 1.1 billion, with the EBITDA margin increasing by 21 basis points to 6.6%.
Expansion and Investment
The group opened 196 stores and remodeled 71 locations. Notably, the launch of the Biedronka operation in Slovakia and the integration of 58 Colsubsidio stores in Colombia.
Operational Efficiency
Stricter cost management and productivity improvements more than offset margin pressure despite rising wages.
Positive Market Share Growth
Biedronka maintained price leadership in Poland, contributing to a market share increase of 0.2 percentage points.
Cash Position
The group maintained a cash position of EUR 213 million after the payment of EUR 371 million in dividends.