From GlobeNewswire: 2025-01-16 09:30:00

In the fourth quarter of 2024, the Group’s consolidated sales revenue reached 256.6 million euros, a 1.6% increase from the previous year. However, the pre-tax profit for the same period was 13.2 million euros, marking a 1.0% increase. For the entire year of 2024, sales revenue totaled 944.6 million euros, a slight decrease of 0.3% from 2023.

The Group saw growth in its car segment, with sales revenue of 51.2 million euros in Q4/24, a 12.0% increase compared to the prior year. The security segment also showed positive growth, with a 13.5% increase in sales revenue in Q4/24. The real estate segment saw a 23.7% growth in sales revenue during the same period.

Selver supermarkets, a part of the Group, reported a total sales revenue of 610.4 million euros for 2024, a decrease of 1.6% from the previous year. The pre-tax profit for Selver supermarkets in 2024 was 16.0 million euros, a 4.0 million euro decrease from 2023.

The department store segment saw a 5.7% decline in sales revenue for 2024, totaling 104.2 million euros. The pre-tax loss for the department store segment was 0.3 million euros for the year. In Q4/24, the segment reported a sales revenue of 33.2 million euros, a 4.7% decrease from the previous year.

The security segment’s sales revenue outside the Group grew by 13.5% in Q4/24, reaching 6.0 million euros. The pre-tax profit for the segment in 2024 was 0.2 million euros, an improvement from the previous year. The real estate segment also showed growth, with a 23.7% increase in sales revenue in Q4/24.

Overall, the Group’s financial performance in 2024 was impacted by various factors, including changes in the retail sector, consumer preferences, and economic conditions. Despite some declines in certain segments, the Group managed to maintain overall stability and show growth in key areas.



Read more at GlobeNewswire:: Unaudited consolidated interim accounts for the fourth