Condis reports flat 2012

Date : 22 February 2013

Spain's Condis Supermercats has reported a 0.6% fall in 2012 sales, to €801m. 

High levels of investment in 2012

The supermarket chain, based in Cataluña, ended the year with 409 stores, up 15 on 2011, and over 180,000 sq m of sales area.  Levels of investment were higher in 2012 than previously.  A total of €25m was spent; €17m of which was on new store openings and remodellings, in line with the company strategy.

New logistics facility to open this year

The remaining €8m went towards the construction of a new logistics facility in Montcada i Reixac, which should be completed in late 2013.