Lidl earned 190 million euros, the best result in its history in Spain, before inflation

Lidl closed 2021, the year after the pandemic, with historic results . Although most supermarket chains saw their businesses grow in 2020 due to covid-19 and mobility restrictions, the German chain experienced. That sweet moment a year later and just before the outbreak of the highest inflation in the country . According to the accounts deposited by Lidl in the Commercial Registry, the company closed. 2021 with a profit of 190 million euros , which represents a year-on-year growth of 27. But not only that, this profitability is also the highest since Lidl landed in Spain in 1994, surpassing the 172.6 million it reaped in 2019. In addition, the German supermarket’s net margin also grew by 6 tenths more than the previous year, while the operating margin reached.

However this growth was lower than what it achieved in

When its net margin was close to 4% and its operating profit exceeded 5%. Although these results are before the increase in prices caused by inflation and the rise in the cost of energy , which has meant that. Supermarket chains have had to pass on part of that USA Mobile Number Database increase to users , Lidl has also spoken out on the matter. . Last December, the corporate general director of Lidl in Spain, Ferran Figueras, stated that 2022 has been an “atypical” year, and that this inflation situation was going to mean that maintaining the results of 2021 would be difficult. “There is significant pressure throughout the sector. We are all suffering higher costs. We have made an effort to contain prices , we hope as much as possible to do so,” said Figueras.

 

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The past year has been so complicated that Lidl even rethought

Just before 2021, before the whole earthquake in the sector began, the German supermarket company. Made public its goal of investing 1.5 billion in Spain to open 150 stores by 2024 . Lidl earns 6,000 million in 2022 and stalks Mercadona and Carrefour as the third favorite supermarket of Spaniards “We have to see if, when the time comes, it makes sense to Algeria phone number list run too much,” explained Ferran Figueras, whose goal is much more ambitious. Lidl aims to have 800 stores throughout the country by 2024. During that year, Lidl continued with the planned growth rate of its network of establishments. Lidl allocated 352 million to increase the number of stores. But be careful, this is not the only thing you should be aware of in the 2023 income tax return. This year there is a novelty that affects all cryptocurrency users and that can harm you.

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