Sales on average grew above inflation and profits topped the 2021 levels, though retailers said they absorbed part of cost hikes. Net overall profit stood close to RON2.5 billion, but the advance was below that of turnover.
As regards networks’ ranking, there are two changes: Penny beat Auchan and climbed to the seventh position, in the wake of a 33% sales increase, the fastest among all networks, and Metro overshot Mega Image.
By growth pace, next come Metro Cash& Carry, Lidl and Profi, each with over 20%. Thus, Romanians’ shifting to discounters and generally to companies with an aggressive price policy can be noticed.
(English version by Catalina Apostoiu)