Mercadona obtained a profit of 680 million euros in 2021,

6% less

than the 727 million in 2020, the first year of the pandemic, and

invoiced 27,819 million euros, 3.3% more

.

The chain raised prices by 2% in 2021, to cushion the rise in costs, but even so it has lowered its margin by half a point, for a value of 100 million euros.

The workforce now has almost 96,000 employees, 1,000 more, and it is the company that creates the most jobs in Spain.

"2021 we have managed it well", despite the "unpredictable scenario

" that has opened up outside of the Covid, said the president of the chain, Juan Roig, who wanted to take advantage of his annual appearance to present results to launch a message to calm consumers in the face of the nervousness caused by the war in Ukraine and the fear that products, such as sunflower oil, will be lacking.

"There are no shortage problems. There will be specific events, such as the consumption of toilet paper in the pandemic. Now it happens with certain products, such as sunflower oil or flour, but

it is hoarding, nothing else.

We have more than enough merchandise ", said the businessman.

The president of the Valencian chain has detailed the figures of the company for the year 2021 in Paterna (Valencia).

They have been presented

at the most critical moment for distribution since the pandemic broke out

, with inflation skyrocketing and the price of electricity at record highs.

The majority of manufacturers and distribution companies have already had to transfer this increase in their costs to final consumer prices.

costs

Roig

has listed the rise in costs in recent months:

that of energy has grown by 36% in 2021, that of raw materials, 28% (oil 60%, cereals 34%...) and transportation has cost Mercadona 65 million more due to the rise in diesel prices.

"All of that we realized in November 2021. We tried to stop this perfect storm."

He has said that Mercadona has raised prices by 2% in 2021 and lowered its margin by half a point, by 100 million euros.

To this must be added

the supply problems of the grain that we imported into the Ukraine

, which has led many chains, including Mercadona, to have to ration the purchase of sunflower oil, for example, to prevent excessive stockpiling from leading to to the shortage of this product.

Roig has recalled how just two years ago the consumer was stockpiling products, especially toilet paper.

"Now we are in another different problem, but from here we show our solidarity with the Ukrainian people and their president, who is showing his face."

"As a businessman, it is an unimaginable scenario, unforeseen, just like covid," he said.

He explained that

the rise in costs "involves making sometimes difficult decisions."

"The companies, although it weighs us a lot, we automatically begin to make decisions. Many of them are all necessary, some annoying and unpopular fillies. But we have a maxim and that is that income has to be greater than expenses. Now there are many movements but We are going to fulfill that premise," he said.

Roig has insisted that the Spanish agri-food chain is powerful and strong: there are not going to be any product problems." He has given as an example the consumption of toilet paper in Covid. Mercadona multiplied it by two in one month, but at the end of the year we sold the toilet paper that before. "You can't consume more.

People get nervous because they see an empty shelf, but they don't have to stock up ", he pointed out, also criticizing" the speculators, that there are ".

The group has continued to promote its digitization and the turnover of the online channel has already reached 510 million euros and it has a workforce of 1,600 people.

The web, which in his day Roig described as "shit" today "a virguería".

As for Portugal, they already have 29 stores and a workforce of 2,500 people.

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Know more

  • Mercadona

  • Juan Roig

  • Valencia

  • Ukraine

  • Coronavirus

  • Portugal

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