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Conad posts €13.4 billion revenue in 2018 (+3%)

Conad has reported another growth year with 2018 revenues of €13.4 billion (up 3% on 2017), maintaining the upward trend that has continued since 2002.

The cooperative company founded in 1962 has also increased its number of stores to 3,225 (76 more than in 2017), with further growth anticipated over coming years as part of a €1.3 billion three-year investment plan (2018-2020).

Along with new store openings, the retailer’s goals include acquisitions, remodelling and energy efficiency upgrades at stores and warehouses.