Robust Revenue Growth
Group sales grew by 7.1% or 6.6% at constant exchange rates to EUR 26.5 billion, with a notable like-for-like growth of 2.4% and significant contributions from expansion.
Strong EBITDA Performance
EBITDA reached EUR 1.8 billion, marking a 10.9% increase over the same period last year, or 9.9% growth at constant exchange rates, with an EBITDA margin increase of 23 basis points to 6.8%.
Expansion and Investment Success
The company executed its ambitious CapEx program, opening 274 new stores and renovating 170 locations, with a total CapEx of EUR 816 million.
Market Share Gains in Poland
Biedronka added EUR 1 billion of sales at constant exchange rates, gaining 0.2 percentage points in market share up to August.
Solid Cash Position
The balance sheet ended with a net cash position, excluding capitalized leases, of EUR 467 million.