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SES Spar European Shopping Centers
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Financial Results for 2024: Sales growth and increase in visitor numbers
– 117 million visitors (+4.5%) in all six countries
– 3.54 billion euros in shop partner sales (+6.5%)
– Over 145,000m² of newly-leased space or lease extensions
– Hotel opened. Construction start for 40 million euro refurbishment in Croatia
– Strategic cooperation agreed for health parks
– 52 million euro investment in maintenance and sustainability
In 2024, the shopping malls managed by SES Spar European Shopping Centers (SES) even exceeded the previous year’s excellent results. Retailers, restaurants and service providers in SES malls generated gross sales revenue of EUR 3.54 billion, an increase of 6.5% on 2023, showing how SES centers in Austria and Slovenia outperformed the market as a whole. Last year, 117 million people (+4.5%) visited SES malls in Austria, Slovenia, Italy, Croatia, Hungary and the Czech Republic. 490 new store contracts and contract extensions have introduced new concepts to these regions, and a strategic cooperation agreement for health parks has established an important milestone for the future.
– 3.54 billion euros in shop partner sales (+6.5%)
– Over 145,000m² of newly-leased space or lease extensions
– Hotel opened. Construction start for 40 million euro refurbishment in Croatia
– Strategic cooperation agreed for health parks
– 52 million euro investment in maintenance and sustainability
In 2024, the shopping malls managed by SES Spar European Shopping Centers (SES) even exceeded the previous year’s excellent results. Retailers, restaurants and service providers in SES malls generated gross sales revenue of EUR 3.54 billion, an increase of 6.5% on 2023, showing how SES centers in Austria and Slovenia outperformed the market as a whole. Last year, 117 million people (+4.5%) visited SES malls in Austria, Slovenia, Italy, Croatia, Hungary and the Czech Republic. 490 new store contracts and contract extensions have introduced new concepts to these regions, and a strategic cooperation agreement for health parks has established an important milestone for the future.
2021 Financial Statement: SES Reports Above-average Sales Development
– 85 million visitors (+5%) at 30 centers in six countries
– 2.64 billion euros in gross sales generated by retail partners (+7.6%)
– Sales development in Austria: 1.73 billion euros (+6.5%)
– Increase in average purchase volume in Austria: +5.6%
– Successful opening of the S-PARK Kaposvár retail park in Hungary
– 115 million euros in investments earmarked for 2022
People have started to return to their usual shopping destinations. That is reflected in the positive business development of SES Spar European Shopping Centers during the second year of the pandemic. Compared to 2020, significant growth was recorded in retail partner sales, visitor footfall, average spend per purchase, and sales of the “ZEHNER” gift certificate. This positive upward trend was recorded by SES in all countries in which it operates centers. In Austria alone, the gross sales generated by retail partners increased by 6.5 percent over the previous year. That is well above the growth of the Austrian retail sector (4.2% according to Statistik Austria, the Austrian Federal Statistics Office). Despite the pandemic, in 2021, a total of 22 million euros was invested in maintenance and sustainable measures relating to the operation of the centers, as well as in project development.
– 2.64 billion euros in gross sales generated by retail partners (+7.6%)
– Sales development in Austria: 1.73 billion euros (+6.5%)
– Increase in average purchase volume in Austria: +5.6%
– Successful opening of the S-PARK Kaposvár retail park in Hungary
– 115 million euros in investments earmarked for 2022
People have started to return to their usual shopping destinations. That is reflected in the positive business development of SES Spar European Shopping Centers during the second year of the pandemic. Compared to 2020, significant growth was recorded in retail partner sales, visitor footfall, average spend per purchase, and sales of the “ZEHNER” gift certificate. This positive upward trend was recorded by SES in all countries in which it operates centers. In Austria alone, the gross sales generated by retail partners increased by 6.5 percent over the previous year. That is well above the growth of the Austrian retail sector (4.2% according to Statistik Austria, the Austrian Federal Statistics Office). Despite the pandemic, in 2021, a total of 22 million euros was invested in maintenance and sustainable measures relating to the operation of the centers, as well as in project development.