Mercadona posts record profits for 2023
Mercadona reported a 15 per cent increase in sales to €35.5bn in 2023. Net profits jumped 40 per cent to more than €1bn.
Announcing the results this week, owner Juan Roig said improved productivity, good tourist numbers, growth in Portugal and an increase in the number of online users had made 2023 the supermarket’s best year ever.
Price cuts helped lift the
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