Biedronka revenue up by 9.3% in Q1

Discount store chain Biedronka, owned by Portuguese Jeronimo Martins, recorded a 9.3 percent increase in sales up to €2.28 billion in Q1 2016, whereas like-for-like (LFL) sales grew by 7.6 percent on a yearly basis. Biedronka's EBITDA totaled €151 million, an increase of 10.4 percent. Biedronka opened 26 stores in Q1 2016, and currently comprises 2,683 units. As many as 10 stores were closed.