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Eurocash Franchise is on the mend. Fewer stores, but higher profits

Eurocash Franczyza wychodzi na prostą. Sklepów mniej, ale zyski większe

At the end of 2023, Eurocash Franczyza had 1,464 (2022: 1,498) franchise outlets offering FMCG products. This means that 34 branches have disappeared.

Stores associated in the chain sell mainly in south-eastern Poland. The company does not conduct export or import activities.

Eurocash wants to have good relations with Delikatesy Centrum franchisees

In the opinion of the management board, in 2023 the company achieved the assumptions regarding the development of the "Delikatesy Centrum" chain, while preparing the basis for further expansion and creating good relations with the network members for 2024.

"The main investments planned in 2024 are related primarily to the expansion of the network by opening new franchise stores. Successive development of the direct distribution network is a way to reach retail customers faster and more widely," it was written.

In 2024, Eurocash Franczyza plans to strengthen the franchise network by acquiring new stores and strengthening relationships with members of the franchise network.

Eurocash Franchise turns loss into profit

The company's sales revenues in 2023 are PLN 286,732,363.18 compared to PLN 278,044,659.93 in 2022.

Net profit for the period is PLN 149,325,901.82 (PLN 87,008,234.53 profit in 2022)

The net loss in 2021 is PLN 288,846,515.31.

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