Les Mousquetaires (Intermarché) achieves solid results

Les Mousquetaires (Intermarché) achieves solid results
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The chains belonging to French retail group Les Mousquetaires, including Intermarché and Netto, have had a strong year in which they saw turnover increase by 2.2 %.

 

Growth

In 2019, the Les Mousquetaires brands (Intermarché, Netto, Bricomarché, Bricorama, Brico Cash, Roady, Rapid Pare-Brise, and American Car Wash) recorded 41.2 billion euros in sales (+ 2.2 %). In addition, the group has 62 food companies under the banner of Agromousquetaires: if their turnover is included, the group's worldwide turnover last year was 45.3 billion euros.

 

Supermarket chain Intermarché makes up more than half of Les Mousquetaires' turnover, with French sales of 23.5 billion euros (excluding fuels; an increase of 1.9%). It is a remarkable result in a country where most supermarket chains (Auchan, Casino, Carrefour, ...) are having a hard time. Outside of France, the chain is also active in Belgium, Poland and Portugal.

 

Private label and organic products

Intermarché's success also comes courtesy of the expansion of its range of private label products, which already represent 32 % of turnover and are mainly supplied by the 62 Agromousquetaires factories. This industrial branch is the fourth largest food group in France with a turnover of 4.1 billion euros, a growth of 2.4% compared to a year ago. "Agromousquetaires allows us to make our recipes rapidly evolve towards better food", president Thierry Cotillard explains to Les Echos.

 

Furthermore, sales of organic products grew by 26 %: this segment now represents 850 million euros. Online sales increased by almost 13 %.