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The French chain in Poland earns less and cuts employment

Francuska sieć w Polsce zarabia mniej i tnie zatrudnienie

At the end of 2023, Leroy Merlin Polska had 78 stores selling home and garden materials.

Shopping by arrangement. A new form of selling garden furniture

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Shopping by arrangement. A new form of selling garden furniture

PLN 56.7 million profit of Leroy Merlin Polska

As at December 31, 2023, the company reported:
– in the balance sheet on the assets and liabilities side, the amount of PLN 2,654,007,000
– in the profit and loss account – net profit of PLN 56,720,000 (profit for 2022 amounted to PLN 123,863,000).
The Management Board, apart from the ongoing war in Ukraine, does not identify any events that significantly affect the network's operations.

Net sales revenues in 2023 are PLN 8,673,969,000 (PLN 8,587,288,000 in 2022).

Leroy Merlin's revenue structure Leroy Merlin's revenue structure

The company generates turnover in 13 departments, of which the largest turnover is generated by the wood and garden departments.

100 percent Bricolage Investissement France SA holds shares in the company. The company operates within the ADEO capital group.

The non-food discounter plans to open hundreds of new stores

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The non-food discounter plans to open hundreds of new stores

539 fewer jobs. Employment in the Leroy Merlin chain is falling

Employment at Leroy Merlin Employment at Leroy Merlin

Currently, the Leroy Merlin chain has 80 stores in Poland. The company started operating in our country in 1994. The first store was opened 2 years later in Piaseczno near Warsaw.

The ADEO Group is the world's third largest player in the DIY market, with a gross turnover of EUR 37.8 billion in 2022.

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