In addition, the Eroski Group ended last year by reducing its debts from 909 million to 671 million. On the other hand, Eroski continued to expand its commercial network in 2023, with a balance of 74 new supermarkets between company-owned supermarkets and franchisees. and a gas station.
As announced by Rosa Carabel, CEO of Eroskithe group closed the annual accounts for the 2023 financial year immediately positive result by 109 million euros and a reduction in debt from 909 million to 671 million. In addition, operating profit increased by 26.9% compared to the previous year, to 259 million.
“We have concluded a year of significant progress and extraordinary performance, with effective management against inflation, where the strategies implemented have responded to the current economic challenges,” he stressed. Rose Carabel.
In 2023, given the continued persistent increase in food inflation and direct operating costs, Eroski focused on trying to mitigate its effect on sales prices through offers, personalized discounts, loyalty clubs…
On the other hand, Eroski continued to increase its sales commercial network by 2023, with a balance of 74 new supermarkets, both owned and franchised, and a petrol station; in addition to expanding its presence in many places in the Spanish state, such as Euskadi, Madrid or Andalusia, among others.
The group allocated more than 15 million euros for it innovation and developmentwhich participated in 31 innovation initiatives in 2023, including ten European collaboration projects with technology centers, universities and startups.
Source: EITB
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