Sales Growth Despite Challenges
Total sales grew by 10.3% (4.7% at constant exchange rates), reaching EUR 24.8 billion, with all banners contributing to an additional EUR 1 billion in sales.
Strong Performance in Poland
Biedronka increased its market share by 50 basis points year-to-date August, with total sales growing by 10.4% (3.9% in local currency) to EUR 17.5 billion.
E-commerce and Health & Beauty Growth
HeBe performed well, with sales growing by 20.6% in local currency, including a like-for-like of 11%, driven by strong e-commerce growth.
Positive Margin Mix in Portugal and Colombia
Pingo Doce benefited from a positive margin mix due to expansion in Meal solutions and perishable categories, while Ara improved EBITDA margin by 127 basis points.