Eurocash S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 12:12 am EST
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Eurocash S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was PLN 8,570.17 million compared to PLN 8,268.35 million a year ago. Net income was PLN 29.96 million compared to PLN 34.07 million a year ago. Basic earnings per share from continuing operations was PLN 0.22 compared to PLN 0.24 a year ago. Diluted earnings per share from continuing operations was PLN 0.21 compared to PLN 0.24 a year ago.
For the nine months, revenue was PLN 24,531.57 million compared to PLN 22,635.01 million a year ago. Net income was PLN 16.66 million compared to net loss of PLN 2.53 million a year ago. Basic earnings per share from continuing operations was PLN 0.12 compared to basic loss per share from continuing operations of PLN 0.02 a year ago. Diluted earnings per share from continuing operations was PLN 0.12 compared to diluted loss per share from continuing operations of PLN 0.02 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. 
