leroy merlin In Spain, it recorded a net profit of 135 million euros in 2022In this market, where it plans to invest 415 million euros over the next three years, it represents 25% more and represents the group’s highest historical profit.
“2022 has been a successful and very good year for the company. “Spain has become the market with the highest growth in turnover for all Leroy Merlin’s business units in Europe,” said Alain Ryckeboer, the company’s CEO in Spain.
The multinational company achieved sales of 3,328 million euros in 2022. which represents a 14.4% further increaseIt has positioned itself as the group’s fastest growing market in Europe.
Gross operating result (Ebitda) increased by 10.7% to EUR 216 million, while net operating result (EBIT) of the group reached 177.5 million euros last yearIncluding distance sales, which represented 27.1% further growth and reached 266.9 million euros, growing 44.4%, driven by ‘online’ sales reaching 207 million euros.
In 2022, the multinational company invested a total of 88 million euros in Spain, with 32 million euros devoted to stores, 48 million euros to technology and logistics and eight million euros to customer service. “Thus, we have invested 500 million euros in the last five years, not just in store openings or renovations. We will continue to invest in Spain in the coming years,” said Alberto Bustío, chief financial officer.
which company Closed 2022 with 133 physical storesInvested 13 million euros in the conversion of Alcobendas (Madrid) and Plasencia (Cáceres) stores and Sant Pere de Ribes (Barcelona), with the opening of areas in Bilbondo (Vizcaya), Nigrán (Pontevedra) and Gijón, the conversion of AKI stores is complete.
Like thisLeroy Merlin continues to bet on Spain. The firm has 2,126 suppliers, 1,583 of whom are Spanish, from which they purchased 1,626 million euros last year. “72% of purchases are made in Spain, so we are a very important player in developing the Spanish industrial fabric in the country,” said Bustío.
Leroy Merlin contributed 441 million euros to the state coffers in 2022, this contribution divided by 37.4 million euros in corporate tax; 30.4 million euros in other taxes; 214 million euros VAT; It corresponds to 123.4 million euros in Social Security and 35.7% personal income tax.
On the other hand, The company will distribute 54.3 million euros to its employeesEquivalent to 30% of 2022 EBIT, which corresponds to different forms of participation in company results.
More than 400 million investments
The company’s managing director in Spain announced that the group will invest 415 million euros, half of which will be over the next three years. will go technology and logistics the remaining 50% will be devoted to the expansion of stores. new fields, formats and updates.
Ryckeboer suggested that in 2023 the group will focus on strengthening ‘online’ sales, developing the web and the ‘marketplace’, as well as betting on the professional market with “enormous growth potential” and continuing to grow in sales of turnkey projects. , opening more stores, promoting exclusive store concepts and promoting energy renewal.
In this way, the multinational plans to continue experimenting with new store formats in Spain, where it continues to test the urban store in Madrid. “We will decide in the future whether to develop it, but the idea is to be closer to customers in city centers”stated.
Therefore, Leroy Merlin will continue to grow in Spain and the expansion plan includes opening new stores such as new stores dedicated to bathrooms and kitchens in Valencia Salvatierra, followed by others in Lorca (Murcia). ), Linares (Jaen) and Fuengirola (Malaga).
They are trying to keep prices low.
Regarding 2023, the financial director is optimistic for this year. “As we are not exempt from this economic situation, we are waiting for everything to develop, but we are also confident that we will have a very good 2023 because we have many opportunities.”
However, the company acknowledges that it is. waiting for development Spanish GDP And inflation“, but they are confident that they can grow between 4% and 6% each year.
In a context marked by inflation and rising costs, Bustío “very close” with suppliersare those who suffer the most from these increases. “We have a policy of price stability over time and we do not change it according to the economic situation. We tried to maintain prices throughout the year.”