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SES Spar European Shopping Centers
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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.
Shopping-Center
Partial Opening of S-PARK in Kaposvár on 11 March Ensures Excellent Local Supply
On Thursday, 11 March, SES Spar European Shopping Centers, the owner and operator of S-PARK Kaposvár, opened the most modern retail park in the Somogy region. As a result of a renewed lockdown in the country, only those stores that are deemed essential for the provision of basic goods and services to the population have been allowed to open: A 6,800-square-meter INTERSPAR store, a 600-square-meter dm drugstore, and a 150-square-meter Ofotért optical retail store now offer an appealing range of products and services to local neighborhoods. S-PARK, which boasts 560 free parking spaces and an excellent location, can be easily and optimally accessed. As soon as official Hungarian regulations permit, all other stores located at S-PARK, such as Hervis, Deichmann, Euronics, Pepco, and KIK, will go into full operation. The segment and shop mix, which includes a total of 10 stores, covering a leasable area of 11,200 m², will deliver a comprehensive and high-quality range of brands and services to Kaposvár and the surrounding region.