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SES Spar European
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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.
Global Red Bull Illume Exhibition on Display at 23 SES Shopping Malls in Five Countries
The shopping centers operated by SES Spar European Shopping Centers are due to serve as cooperation partners for the internationally renowned Red Bull Illume, an adven-ture and action sports photography exhibition, for the third time, from January 2022 to February 2023. The exhibition features recent internationally award-winning, spectacular pieces of work by young photographers and captivates anyone who is fascinated and inspired by action and sports photography. Following its resounding success in 2020/21, the exhibition is currently making its way around a total of 23 SES shopping centers in Austria, Slovenia, Italy, Hungary, and Croatia.