Stokrotka sales at PLN 219 mln in May

Retail chain Stokrotka, part of Emperia Holding, reported PLN 219 million in sales revenue in May, an increase of 7.9 percent y/y, according to the company’s preliminary results. In January-May the company saw revenue of PLN 1.098 billion, up by 9.7 percent y/y. In Like-for-Like sales, the chain recorded an increase of 0.9 percent y/y in May, 5.5 percent y/y in April-May and a 2.4 percent growth y/y in the January-May period. In May, seven new stores were launches, bringing the total number to 447, covering 189,400 sqm of retail space. Emperia Holding has been listed on the WSE since 2002.