Eurocash Q1 revenues up 10%
Polish retailer and wholesaler Eurocash has posted revenues of PLN5.48 billion (EUR1.28 billion) in the first quarter of 2019, a 10% increase on the same period last year. Retail sales totaled PLN1.33 billion (EUR294 million) for the period, of which around PLN342 million (EUR74 million) was from acquired businesses.
In 2018, Eurocash acquired the Mila supermarket chain and 25 Lewiatan stores. Its wholesale business posted a 3.5% increase in revenue to PLN4.11 billion (EUR909 million), while its retail segment posted a 37% increase year-on-year, helped by acquisitions last year.