In the first quarter of 2024, ATB Market increased sales by 17%

May 18, 2024

The turnover of the largest Ukrainian retail chain - ATB Market - for the first quarter of 2024 amounted to UAH 47 billion, net profit - UAH 560 million.

According to the data of the Youcontrol system, the turnover of the ATB Market network in the first quarter of 2024 amounted to UAH 47.2 billion, which is almost 17% higher than in the corresponding period of the previous year.

The gross profit of ATB Market for the same period of time was UAH 12.1 billion (in the first quarter of 2023 - UAH 10.6 billion), operating profit - UAH 1 billion (UAH 600 million), net profit - UAH 560 million (UAH 219 million).

It is worth noting that the profitability of ATB business is distributed between the actual operating company - ATB Market, as well as several other companies - owners of assets (ATB Invest, ATB Torgstroy, Logistics Union and others, for example, the net profit of only one company Logistics Union in the first quarter of 2024 amounted to UAH 540 million, which is close to the level of the net profit of the ATB Market company itself).

As of March 31, 2024, the value of ATB Market's inventory amounted to UAH 7.7 billion (the turnover period of the network's inventory in the reporting period stayed at about 20 days, which is a very good indicator and indicates the consistently high efficiency of the network).

The amount of cash in the company's accounts as of the reporting date is UAH 12.4 billion, and the main source of financing assets is traditionally the payables of suppliers (UAH 16.8 billion as of March 31, 2024).

 ATB Market revenues 2023

As a reminder the turnover of the ATB Market network for 2023 amounted to UAH 181 billion, which was 22% higher than in 2022.

Our recently updated overview of the history and current state of affairs in the network - at the link.

Our rating of the TOP-10 food chains of Ukraine for 2023 - at the following link.

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