Spanish retailer Mercadona recorded a net profit of €611 million in 2015, an increase of 12 per cent on the previous year.
Speaking at a press conference today, company President Juan Roig also revealed that sales increased by €670 million to €20.831 billion, a rise of 3 per cent.
Gross profit was €1.214 billion for the year, with €277 million (23 per cent) going towards performance-related bonuses. Some 40 per cent, or €495 million, has been reinvested in the company as equity, while another 10 per cent will be distributed among shareholders via dividends.
The retailer’s online sales grew by 8 per cent to €169 million, and Roig announced that the company intends to focus on this aspect of the business by building its second data processing centre in León and by redesigning its website.
Thorughout 2015, Mercadona invested over €651 million in the opening of 60 new supermarkets and in the refurbishment of another 30. This brings its total number of stores to 1,574.
Looking at 2016, the company aims to increase both profits and sales by 2 per cent. In service of this goal, Roig announced that another €650 million will be invested in the company’s operations. This will go towards the opening of 60 more stores, the refurbishment of another 35 outlets, and the continuing construction of its two logistics centres in Barcelona and Vitoria-Gasteiz.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Brian Dermody. To subscribe to ESM: The European Supermarket Magazine, click here.
