Biedronka with €805 mln EBITDA for 2017

Retailer Biedronka had €805 million EBITDA in 2017, up by 13.8 percent y/y, owner Jeronimo Martins stated. “Within a positive and dynamic consumption environment, Biedronka seized a series of opportunities for sales growth and strengthened its market position. The Company developed its business model without ever compromising cost-efficiency which enables it to simultaneously sustain growth…

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