Profi Romania has reported FY 2013 results with sales up 26% year-over-year (y-o-y) to EUR 330 million and operating profits up 49% y-o-y.
• Profi had 228 stores at the end of 2013, 63 more than 2012 (up 38% y-o-y). The retailer aims to maintain a similar rate of new store openings for 2014 and aims to operate 400 locations in Romania over the coming years.
• In 2013, the retailer made several investments to optimize its network in Romania:
o Profi opened its second distribution center in Romania and a logistics platform for fresh products.
o The retailer managed to reduce the losses of stocks of goods through the implementation of a centralized monitoring system, enabling a better control of the network and secure costs reduction.
o The integration of in-store planograms, in order to optimize the flow of inventory and provide increased availability of products instore.