Masoutis super market chain eyes 830 mln€ in turnover for 2019

Sunday, 17 November 2019 22:40
UPD:19/11/2019 13:22
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By G. Hatzilidis

ghatzil@naftemporiki.gr

Greek super market operator Masoutis is set to exceed 830 million euros in turnover for 2019, the management said this week, with the figure for its greater Athens stores expected to be marginally higher than 2018's results.

Figures viewed by "N" show the first 10-month turnover reaching 688.4 million euros, up from 627.7 million euros in the corresponding period of 2018. Last year's Jan-Oct figures include only a portion of a rival super market chain purchased by Masoutis. If the extra turnover from the Promitheftiki chain is deducted then Masoutis' turnover for Jan-Oct 2019 is similar to last year's figure, namely, 770.3 million euros.

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