Spar: Moderate Growth in Market Share

CompaniesRetail & Consumer ♦ Published: February 18, 2011; 00:51 ♦ (Vindobona)

The Austrian food trade group recorded a sales increase of 4.4% in the previous year. Growth in the CEE region turns out weaker.

Spar: Moderate Growth in Market Share / Picture: © Spar

Sales for € 5.15bn represent an increase of 4.5% in Austria, well above the average development in the industry, rated by The Nielsen Company at 1.5%. The trade group increases therefore its market share from 28.5 to 29.5% and achieves the highest market share growth of all food retailers in Austria. Overall, sales increased by 4.4 % to € 11.71bn. Despite the economic crisis in…