Eurocash S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
March 10, 2021 at 06:41 pm
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Eurocash S.A. Announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was PLN 25,411.041 million compared to PLN 24,852.240 million a year ago. Operating income was PLN 250.429 million compared to PLN 244.522 million a year ago. Net income was PLN 68.073 million compared to PLN 79.125 million a year ago. Basic earnings per share from continuing operations was PLN 0.44 compared to PLN 0.5 a year ago.
Eurocash SA is a Poland-based company engaged in the industry of wholesale and retail distribution of food and distribution of fast moving consumer goods (FMCG). It operates through four segments: Wholesale, Retail, Projects and Others. The Wholesale segment is divided into Eurocash Distribution, including distribution and supporting franchise activities; Cash&Carry, which operates a national network of warehouses; Tobacco & Impulse, which distributes tobacco products, Alcohol Distribution, Eurocash Food Service and Other. The Retail segment operates the retails activities of Eurocahs group and the wholesale of Delikatesy Centrum franchisees. It also includes other retail operations under EKO, Mila and Inmedio brand names. The Project segment is dedicated to run the projects of the Eurocash Group. It cooperates with different partners including abc, Groszek, Delikatesy Centrum, Lewiatan, Euro Sklep or Gama.