Russia accounts for a quarter of France’s Leroy Merlin profits in 2023
6 Articles
6 Articles
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
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.
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…
The DIY giant Leroy Merlin made 20% of its sales and a quarter of its net profit in Russia in 2023.
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