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NIKAS: Profit increase by 13.3% in 2021

PGNIKAS SA showed enhanced figures in 2021, during which the total gross profits of the Group and the Company increased by 13.3%.

In particular, the Group and the Company announced increase their sales by 1.2%maintaining a leading position in many sub-product categories, despite the reduction of the total market by 1.5% in sales volume and by 2.6% in value.

The total gross profits of the Group and the Company increased by 13.3%compared to those of the previous year and amounted to € 15,720 thousand, compared to € 13,869 thousand, with the gross profit margin increasing by 2.87 percentage points.

The total EBITDA of the Groupamounted to profits of € 4,458 thousand compared to profits of € 2,981 thousand in the previous year, recording an increase of € 1,477 thousand.

The total results before taxes (EBT) of the Groupimproved by € 566 thousand and amounted to the year 2021 in losses of € 264 thousand compared to losses of € 830 thousand in the previous year.

As the company notes, “NIKAS” cold cuts occupied the 1st place in the consumer preference within the Super Markets throughout 2021, with a market share of 20.2% on average.

Source: Capital

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