SPAIN: Eroski posts 16% rise in full-year sales
Spanish supermarket and hypermarket operator Eroski has reported a 16% rise in sales last year to almost €5.4bn (US$5.8bn), helped by expansion in its domestic market. Eroski, which is run as a cooperative, posted a net profit of €89m for 2002, a year-on-year increase of 11%. The group, which opened 193 new stores during last year, now operates 62 hypermarkets under the Eroski banner and 829 Consum supermarkets. Eroski also operates a number of smaller self-service stores, travel agents, cosmetics shops and petrol stations, reported Reuters.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Danone's Q1: four things to learn
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Opinion: Big Food needs to think radically
- US food next wave on display at Winter Fancy Food
- PepsiCo affirms full-year target as Q1 hits mark
- Nestle to cut UK confectionery jobs
- Glanbia signs deal on Dairy Ireland stake sale
- Dole Food Co. files to go public again
- 2 Sisters' chief Boparan invests in UK's Crawshaw