Auchan sees revenue climb 3% in Hungary
French hypermarket chain Auchan said today that it expects revenue for the Hungarian subsidiary to rise by 3%.
Dominique Ducoux, chief of Auchan Magyarország, said the increase will be chiefly affected by sales during the last three months of the year.
The revenue of the Hungarian unit rose by 8% last year, climbing to HUF 324 bln. The unit is expected to spend HUF 5 bln on capital expenditures by the end of the year, with half of that being invested in its gas stations located adjacent to the supermarkets.
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