Les Mousquetaires’ turnover reaches €45.3 bn in 2019

Date : 31 January 2020

Jon Wright

Head of Insight - RA EMEA

Les Mousquetaires has announced its 2019 results, saying its turnover hit €45.3 bn, including fuel. It said its retail turnover rose 2.1% including fuel, 2.2% excluding fuel, to reach €41.2 bn. Its AgroMousquetaires division generated a turnover of €4.1 bn.

Intermarché’s sales rise 1.9% in France

Intermarché saw sales increase by 1.9%, excluding fuel, to reach €23.5 bn in France. New stores, with 13 added in France, including two hypermarkets purchased from Casino, helped drive growth. This was supported by the role out of new store designs and concepts, which has upweighted its food-for-now and food-to-go offer, while also spotlighting its fresh category and private label ranges more.

Intermarché saw volume sales rise 0.4% in 2019, which was pleasing given the market contracted by 1.2%. By format, sales rose by 11.46% in total and by 3.83% on a comparable basis at its Express banner, while its hypermarkets saw sales rise by 5.9% in total, 1% on a comparable basis. At its Netto banner, Les Mousquetaires said the role out of its new store design was proving successful.

Online a focus for 2020

To support its growth in 2020, Intermarché is looking to add Drive solutions to the 400 stores that do not have one now. Elsewhere, the brand is aiming to develop new formats and add pedestrian Drives. The initiatives are aimed at driving growth of 2.4% in 2020 at a group level, split between Intermarché advancing sales by 2.2% and Netto by 4.0%. Les Mousquetaires said it will open 20 stores in 2020 under the Intermarché brand, 10 of which will be Express stores. 60 Netto stores will be updated to the new design and format.