Eurocash S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 24, 2021 at 06:02 pm EDT
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Eurocash S.A. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was PLN 6,550.513 million compared to PLN 6,196.270 million a year ago. Operating loss was PLN 58.052 million compared to operating Income of PLN 72.182 million a year ago. Net loss was PLN 97.392 million compared to net income of PLN 41.140 million a year ago. Basic loss per share from continuing operations was PLN 0.7 compared to basic earnings per share from continuing operations of PLN 0.3 a year ago. For the half year, total revenue was PLN 12,362.608 million compared to PLN 12,115.371 million a year ago. Operating loss was PLN 91.672 million compared to operating Income of PLN 61.772 million a year ago. Net loss was PLN 167.854 million compared to PLN 19.506 million a year ago. Basic loss per share from continuing operations was PLN 1.21 compared to PLN 0.14 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.
EUROCASH S.A. 
