Prekybos naujienos

Many retail giants can envy this Polish chain

Tej polskiej sieci niejeden handlowy gigant może pozazdrościć

The Topaz chain belongs to Przedsiębiorstwo Handlowo Uslugowe Topaz Spółka z ograniczoną odpowiedzialnością.

The company's core business is "retail sales in non-specialized stores with food, beverages and tobacco products predominating." The company also conducts activities in the field of fuel sales in its own gas stations, sales of catering and hotel services, as well as development investments.

Topaz has stores in 4 voivodeships. It generates profits of PLN 47 million

The company's operations are conducted in eastern and central Poland. Individual sales points are located in four voivodeships (Mazowieckie, Lublin, Warmian-Masurian and Podlaskie).

The company's equity capital amounts to PLN 195,287,320.64. Zbigniew Paczóski (president of the company) holds 100% of the shares in the company. The company employed 2,173 employees in 2023 compared to 2,302 employees a year earlier.

The company closed the fiscal year 2023 with a profit of PLN 47,114,128.99. Sales revenues amounted to PLN 1,279,397,799.04.
Profit for 2022 amounted to PLN 16,401,248.10.

The company maintains good financial liquidity and relatively high profitability.

Topaz talks about automating customer service. Less employment

PHU Topaz Sp. z o. o. plans to achieve further growth in turnover and net profit in 2024. The company informs that the profits retained in the company will be
earmarked for investments in development and modernization.

– The company intends to achieve an increase in turnover and profits mainly through the development of its core business. An increase in the number of retail stores is planned. Both the network of own stores, franchise stores and outlets based on agency agreements will be developed.
An important element of development will be the modernization of operations through investments in new information technologies and automation of customer service in stores – the company writes in the financial report.

The increase in price elasticity of demand will make it difficult to maintain sales profitability

How does the company describe its economic environment?

– Retail trade in Poland in the FMCG sector is subject to long-term changes
consolidation trend. Competitive pressure is also growing. Inflation poses a significant challenge, prompting a significant number of consumers to choose products of lower quality and lower prices. The increase in price elasticity of demand will make it difficult to maintain sales profitability. The company has been successfully coping with competitive pressure for years thanks to very good analysis of local markets and effective price management. In the opinion of the management board, thanks to the increase in the number of retail outlets, it will be possible to maintain the upward trend in generated turnover and net profit – sums up the management board.

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