2014 closed for the Esselunga Group with sales in line with the previous year at 7.013 billion euros (+0.8%) despite a deflation of 1.6% in retail prices and a general downturn in the market in large-scale distribution. EBITDA was up by 3.2% at 521 million euros and EBIT by 2% at 335 million euros. Net profit amounted to 212 million euros (210 in 2013)
The proximity of Esselunga to its customers, which grew by 8.5%, is confirmed, according to the statement issued by the company following the Board of Directors meeting.
Investments, which amounted to 400 million euros, were significant, bringing those made in the past five years to 1.8 billion euros. In 2’014, in fact, new stores were opened in Calco (Lecco), Aprilia, Milan Porta Vittoria, Novara, Prato Leonardo, Parma via Emilia Ovest, Saronno (Varese), Florence Galluzzo and Marlia (Lucca), as well as the logistics hub in Campi Bisanzio (Florence).
In the course of 2015, further development of the sales network is envisaged and has already begun with the opening of the 150th store in Milan in Via Adriano, on the site where the warehouses of Ercole and Magneti Marelli once stood.
For an analysis of the economic and financial performance of Esselunga 2013 with a projection for 2014 and 2015 you can buy the inStore Report prepared by DGM in PDF format directly from here at the price of €79 + VAT. The Report is in italian.
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