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During fiscal 2017, the audited business figure of Lidl Lietuva reached 298 million. Eur without VAT. By the end of fiscal 2017, the company's after-tax earnings reached 3.3 million. Eur. Lidl Lietuva ended his first fiscal year with 18 million euros. Loss EUR
Value of badets managed by Lidl Lietuva during the year, t. y 2017 March 1, 2018 February 28, during the period increased to about 36 million. Eur and in the end reaches nearly 267 million. Eur. At the end of the reporting period, Lidl Lietuva's authorized capital amounted to 187.7 million. Eur., The company employs nearly 1,700 employees, according to the company.
During the year, the company invested 37.1 million euros in development and support activities. Eur, opened 10 new stores across Lithuania and created more than 200 new jobs
The company report says that after a very active start, Lidl Lietuva in 2017 entered a phase of coherent development. Total investment in development and business support in 2017. Raises to 37.1 million Eur, compared to nearly 87 million. Eur 2016 During FY 2017, Lidl Lietuva opened 10 new stores in Lithuania and closed its fiscal year with 35 stores.
Continuation of Program
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According to the report, the most positive result resulted in significant non-recurring economic transactions accounted for in the accounting, such as the reversal of impairment losses on previously acquired plots and the recognition of deferred tax badets due to tax incentives for investment projects. In the second year of our activities in Lithuania, we focused on our main strengths: we expanded the range of quality products at a good price, introduced private brands and strengthened our relationships. with customers, local manufacturers, suppliers and service partners. We are focusing more and more on social responsibility – we have started actively supporting child care, supporting the Lithuanian basketball league, cooperating with municipalities by improving infrastructure and improving the quality of life. community environment, "said RadostinRoussev-Peine, managing director of Lidl Lietuva.
There are currently 37 Lidl stores in Lithuania in Vilnius, Kaunas, Klaipėda, Siauliai, Alytus, Marijampolė, Kėdainiai, Telšiai, Kretinga, Mažeikiai, Tauragė, Jonava, Panevėžys, Ukmerge, Utena and Plungė.
Other Networks
VZ wrote that the net profit figures of the four largest retail chains of last year – Maximos, Rimi, Iki and Norfos – predict the dynamics of the retail market in Lithuania.
During the year, Rimi Lietuva's net profit decreased by 34% from 1.328 million. Eur up to 876,292 Eur. Admittedly, this figure also includes the profit of the subsidiary Hakonlita, which Rimi rents commercial premises. "Rimi Lietuva" 's revenue in 2017 amounted to 313.2 million Eur and was 0.1% lower than that of 2016. Subsequently, after receiving data without the approval of the "Rimi Lietuva". Hankolith influence, it turned out that during the year, Rimi Lietuva's net profit decreased by 34%: from 1.328 million. Eur 876.292 Eur.
Maxima LT in 2017. earned 54.1 million Net result Eur. Apart from the exceptional items, it is 20% lower than in 2016, when the profit reached 67.99 million. Eur. This factor in 2016 Having dissipated the profit of Maxima, was fined by the Competition Council (CC) for the conclusion of a forbidden agreement with the supplier of the goods "Mantinga". After payment, profits decreased to 53.5 million. Eur.
The results of "Norfos mažmena" changed little by little: in 2017, the net profit rises to 7.4 million. Eur was 7.4% lower than in 2016, when the figure was 7.99 million. Dainius Dundulis, director of the Norfos Group, said that these figures should be considered "very similar, almost unchanged", because in the retail trade, given its size and the context of the related companies, the net profit margin A fluctuation 20% is normal. Norfos goods and services sales in 2017 amounted to 550.48 million Eur. Growth is 7.3% compared to 2016.
Last year, one of the largest retailers in Lithuania, "Iki", managed to gain 10.12 million litas. The audited consolidated net result of the EUR has increased by 15.9% compared to 2016, where it was 8.72 million. Eur.
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