Business

This is Żabka's goal. The company revealed its cards


Net profit in the third quarter amounted to PLN 463 million compared to PLN 319 million profit a year earlier. Analysts expected net profit of PLN 399.1 million. Adjusted net profit amounted to PLN 505 million compared to PLN 341 million profit a year earlier.

The revenues of the Żabka Group in the third quarter amounted to PLN 7.44 billion compared to PLN 6.578 billion a year ago (an increase of 13.3% y/y). The consensus forecast was PLN 7.396 billion in revenues.

Sales to end customers amounted to PLN 8.5 billion in the third quarter – an increase of 14%. on an annual basis. The increase in like-for-like sales amounted to 4.5%.

That's how many stores Żabka wants to have

Żabka's management board said at a press conference that the company's goal now is 16,000. stores by the end of 2028 – an increase of 1.5 thousand. compared to previous forecasts. The company now wants to open 1.3 thousand. points per year (300 more than in previous forecasts).

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button