Updated: Jan 20
Jeronimo Martins Group, (owner of the Biedronka discounter stores) reported for all 2021 an amounted of EUR 20.9 billion (US$ 25 billion), which means an increase of 8.3%.
In the fourth quarter of 2021, income Jeronimo Martins amounted to EUR 5.7 billion (US$ 6.8 billion), which means an increase of 11.5%.
The Polish Biedronka discount stores recorded EUR 3,9 billion (US$ 4.7 billion) revenues in the fourth quarter, after a height of 10%. The increase in LFL amounted to 9.8%.
In 2021, Biedronka opened 164 new stores (135 net), exceeding their earlier plans.
At the end of 2021, the Biedronka store network had 3.250 stores.