Inmedio press rooms – how much does the owner of Eurocash earn?

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Inmedio press rooms – how much does the owner of Eurocash earn?

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Inmedio Company in 2023 it registered PLN 711.91 million, which compared to PLN 612.75 million a year earlier represents an increase of 16.2%. Revenues from retail sales of goods increased from PLN 592.68 to PLN 691.33 million, and those from services increased much less – from PLN 19.87 to PLN 20.42 million.

The company owns a chain of lounges under the Inmedio and Inmedio Trendy brands, which offer newspapers, books, drinks and snacks, located mainly in shopping centers. At the end of last year, 432 branches were operating, 10 more than the previous year.

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Inmedio’s operating costs increased slightly more than revenues – by 18%. up to PLN 715.97 million, of which the value of goods and materials sold – from PLN 474.37 to PLN 561.14 million. However, expenses for external services (including wages) increased from PLN 80.27 to PLN 96.77 million, for depreciation – from PLN 37.5 to PLN 41.19 million, and for material and energy consumption – from PLN 8.1 to PLN 10.78 million.

At the operational level, the company’s profitability fell from PLN 6.02 million in profit to PLN 4.06 million in losses. Gross and net income exceeded zero thanks to the increase in financial income. (including interest) from PLN 3.21 to PLN 7.84 million and a decrease in financial costs (also mainly interest costs) from PLN 5.07 to PLN 4.19 million.

Thanks to this, the company achieved PLN 328.6 thousand gross and net profit last year, more than ten times lower than last year (PLN 3.35 million).

READ ALSO: Drugstore chain closes stationery stores. Will only go online

In 2024, Inmedio plans to open seven new Inmedio Trendy stores and refurbish 25 existing Inmedio showrooms. In the report, it highlights that it “plans to continue with the current development strategy that aims to maintain a competitive advantage in the traditional newsstand sector, expanding the offer to food and convenience”.

The company’s shareholders (Eurocash holds 51% of the shares and Lagardere Travel Retail 49%) have decided that last year’s total net profit will contribute to your reserve capital.



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