Kufland overtook Tesco to become No.2 in Slovakia
Retailer Tesco reported a 5% growth in sales to €1.7bn and 43% growth in net profit to €82m last year. Rival Kaufland increased sales by 14%, and for the first time was No.2 on the Slovak market. Lidl (10%), Billa (10%), and Terno (7%) all posted higher sales growth. Last year's results of retail chains:
sales | profit | |
Lidl | €2.089bn | €160m |
Kaufland | €1.754bn | €93m |
Tesco | €1.713bn | €82m |
Coop Jednota | €1.693bn | - |
Billa | €850m | €12m |
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