France-based Les Mousquetaires said its total sales rose 5.9%, excluding fuel, and by 7.7%, including fuel, across its operations in Europe. The organisation was able to report a positive performance at all its divisions, with its retail brands generating sales of €40.5bn, including fuel, and its agribusiness division producing €4.0bn.
Good performance at a group level
Les Mousquetaires said its Intermarché and Netto banners generated a combined turnover of €27.0bn, excluding fuel, and €36.5bn, including fuel.
…Driven by France…
In its home market, Les Mousquetaires said Intermarché enjoyed sales growth of 2.9%, to €23.06bn, excluding fuel, and €31.5bn, including fuel. Les Mousquetaires said 2018’s performance outstripped that for the two preceding years: sales rose 1.3% in 2016 and 1.7% in 2017.
The organisation said the pace of sales growth had enabled it to gain market share and underlined the positive effect of its transformation programme. The initiative has put a greater focus on helping shoppers to eat better and how goods are produced better.
At Netto sales rose 1.9% to €1.1bn, excluding fuel, and €1.27bn, including fuel. The pace of sales growth at Netto was the same in 2018 as versus 2017, but lower than that it enjoyed in 2016, at 3.9%. Les Mousquetaires said Netto’s performance had been boosted by shoppers’ search for value.
…And replicated in Belgium and Poland
Outside its home market, Les Mousquetaires reported a positive performance. In Belgium it said Intermarché had led the market in terms of sales growth, reporting that sales had risen 7.5% in 2018.
In Poland, Les Mousquetaires saw sales rise 5.5% to PLN7.5bn (€1.7bn) across its two banners, Intermarché and Bricomarché. By business, Les Mousquetaires said sales had risen by 3.4% at Intermarché, to PLN5.2bn (€1.2bn) and by 10.3% at Bricomarché to PLN2.3bn (€0.5bn). During 2018 Les Mousquetaires invested PLN100m (€23.3m) in its operations in Poland to open new stores, lower prices and operate more eye-catching promotions.
At a net supermarket level, Les Mousquetaires ended 2018 with one fewer store in Poland after opening four and closing five. In 2019, Les Mousquetaires will aim to open four new stores in the country, while also investigating opportunities to add Drive collection points.