Grupa Muszkieterów, the Polish arm of the Les Mousquetaires business, has posted a 5.5% year-on-year increase in turnover of PLN 400 million (€92.3 million) for the financial year 2018.
Turnover for the Intermarché banner, as well as its petrol station network, grew by 3.4% to PLN 5.16 billion (€1.2 billion).
Growth Drivers
For Intermarché, growth was driven by the launch of four outlets in Gniezno and Kosakawo near Gdynia, Zbylitowska Góra and Tarnowiec.
In 2018, Grupa Muszkieterów invested PLN 100 million in opening new stores, and offering better prices and promotions for clients.
It also strengthened its position in the fuel stations segment by opening three new filling stations in Rawa Mazowiecka, Konin, and Chodzież, as well as launching three charging stations for electric vehicles in Ostróda, Grajewo, and Knurów.
A 'Demanding' Year
General director of the group, Marc Dherment, said, "The year 2018 was demanding for the Intermarché network, both due to external conditions such as the introduction of trade restrictions on selected Sundays, as well as internal ones.
"Nevertheless, we have undertaken numerous activities in the field of pricing, assortment, and promotional policy, which we believe will improve results in the next quarters."
Double-Digit Growth
Bricomarché witnessed 10.3% growth amounting to PLN 2.3 billion (€530 million) for the 2018 fiscal year.
The home and garden supermarket chain has recorded double-digit growth for the past several years, the company said.
In 2018, added nine new outlets to its network and expanded operations to 156 locations in Poland.
Outlook
General director of Bricomarché in Poland, Dr Katarzyna Jańczak-Stefanide, said, "In 2019 we plan to open 15 new supermarkets in various parts of Poland.
"In addition, we would like to meet the expectations of the modern client in the use of additional technological tools."
Commenting on the outlook for Intermarché, Dherment added, "In 2019, we plan to open a minimum of four new stores under the umbrella of Intermarché.
"Our next goal will be to introduce new communication channels with the client. We are also planning to develop a network of our petrol stations, as well as points."
© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: European Supermarket Magazine.
