SPAR Italy announces 3.5% growth in FY 2018

Source: spar, Tuesday, May 7, 2019

DESPAR Italia has released its 2018 results, recording sales of EUR3.5 billion, a growth of 3.5% year-on-year. In 2018, 29 new SPAR stores were opened, bringing total store numbers to 1,244. Of these, 428 are company-owned, while 816 are run by independent retailers. Plans are in place to open 50 new stores and renovate 36 in 2019, with a total investment of EUR95 million across all DESPAR Italia Partners.