Eurocash S.A. Reports Earnings Results for the Full Year Ended December 31, 2021
April 13, 2022 at 09:04 pm EDT
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Eurocash S.A. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported revenue was PLN 26,281.43 million compared to PLN 25,398.6 million a year ago. Net loss was PLN 113.57 million compared to net income of PLN 43.1 million a year ago. Basic loss per share from continuing operations was PLN 0.82 compared to basic earnings per share from continuing operations of PLN 0.31 a year ago. Diluted loss per share from continuing operations was PLN 0.82 compared to diluted earnings per share from continuing operations of PLN 0.31 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.