German drugstore operator Rossmann has reported sales growth of 5.1% in 2018, achieving €9.46bn in total sales.
Strong international performance
Drugstore operator, Rossmann, has announced 5.1% growth in total sales for 2018, €9.46bn.
The strong result was boosted by impressive sales in its international markets; Poland, Hungary, the Czech Republic, Turkey, Albania and Kosovo, where it operates a combined total of 1,780 stores.
Internationally, the retailer achieved 9.5% growth on a constant currency basis, achieving sales of €2.8bn.
Germany: 4.1% growth in sales
In its home market of Germany, Rossmann saw sales increase by 4.1% to €6.6bn.
Sales at Rossmann have been consistently high for a number of years. For 2017, the retailer achieved 4.5% growth and sales of €6.4bn in the market.
Outlook: focus on Germany
In the year ahead, the retailer is set to invest €215mn in expanding its estate. The drugstore operator plans to roll out a further 200 branches, 110 in Germany alone.
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