Eurocash S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 29, 2022 at 11:07 am EDT
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Eurocash S.A. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was PLN 7,838.76 million compared to PLN 6,550.51 million a year ago. Net income was PLN 15.1 million compared to net loss of PLN 97.39 million a year ago. Basic earnings per share from continuing operations was PLN 0.11 compared to basic loss per share from continuing operations of PLN 0.7 a year ago. Diluted earnings per share from continuing operations was PLN 0.11 compared to diluted loss per share from continuing operations of PLN 0.7 a year ago.
For the six months, revenue was PLN 14,366.66 million compared to PLN 12,362.61 million a year ago. Net loss was PLN 36.6 million compared to PLN 167.85 million a year ago. Basic loss per share from continuing operations was PLN 0.26 compared to PLN 1.21 a year ago. Diluted loss per share from continuing operations was PLN 0.26 compared to PLN 1.21 a year ago.
Eurocash SA is a Poland-based company engaged in the industry of wholesale and retail distribution of food and distribution of fast moving consumer goods (FMCG). It operates through four segments: Wholesale, Retail, Projects and Others. The Wholesale segment is divided into Eurocash Distribution, including distribution and supporting franchise activities; Cash&Carry, which operates a national network of warehouses; Tobacco & Impulse, which distributes tobacco products, Alcohol Distribution, Eurocash Food Service and Other. The Retail segment operates the retails activities of Eurocahs group and the wholesale of Delikatesy Centrum franchisees. It also includes other retail operations under EKO, Mila and Inmedio brand names. The Project segment is dedicated to run the projects of the Eurocash Group. It cooperates with different partners including abc, Groszek, Delikatesy Centrum, Lewiatan, Euro Sklep or Gama.
EUROCASH S.A. 
