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Russia accounts for a quarter of France’s Leroy Merlin profits in 2023

According to the news agency, net profits from operations in Russia stood at 287.4 mln euro, which a quarter of total profits of the Adeo Group in 2023

6 Articles

Lean Left

The French DIY giant's turnover in Russia was 6.1 billion euros in 2023, for a net profit of 287.4 million euros. There are 43,000 employees in 114 stores

·France
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Lean Right

Leroy Merlin saw a significant portion of its net profits in 2023 come from the Russian market. The group insists that it respects international sanctions.

·Paris, France
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Center

The French DIY group Leroy Merlin, which announced in March 2023 that it wanted to cede control of its stores in Russia, achieved 20% of its sales and a quarter of its net profit there in 2023 The Mulliez galaxy group (Auchan, Decathlon...) announced in March 2023 its intention to “cede control” of its activities in Russia to “local management”. He had been castigated by many Ukrainians up to President Volodymyr Zelensky for having decided to co…

·France
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estrepublicain.frestrepublicain.fr
Reposted by
dna.frdna.fr

The DIY giant Leroy Merlin made 20% of its sales and a quarter of its net profit in Russia in 2023.

·Nancy, France
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Sud Ouest broke the news in France on Monday, August 12, 2024.
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