In 2023, Eva increased its turnover by 40%

February 8, 2024

EVA summed up the development of the network in 2023 - the same number of customers as in 2021, 59 new stores and an increase in turnover.

The Eva network summarized the results of its operations in 2023.

In 2023, the company opened 59 new stores, so as of December 31, the network had 1,061 operating stores.

According to information from the chain's CEO, Olga Shevchenko, the turnover of the EVA stores increased by approximately 40% in 2023. The share of own brands in the company's total sales is currently 34% in physical terms and 23% in monetary terms.

In 2024, the company plans to open about 60 new stores. Planned investments in this area amount to about UAH 200 million.

Eva also continues to build logistics capacity. In Lviv, next to the existing warehouse, a new phase of 9,000 square meters is under construction (to be used for e-commerce), in September the e-com hub in Dnipro was launched, then a new logistics hub construction in Odesa was resumed (the area of the first phase of this facility should reach 20 thousand square meters). Preliminary, the amount of investments in logistics infrastructure in 2024 is to make UAH 1.3 billion.

As a reminder according to the data of the company's interim quarterly reporting, the sales of the Eva network for January-September 2023 amounted to UAH 14.5 billion, which is 35% more than in the corresponding period of 2022 (UAH 10.8 billion).

The network's operating profit for January-September 2023 was UAH 1.9 billion (UAH 736 million for nine months of 2022), net profit was UAH 1.2 billion (UAH 326 million).

The network's debt burden remains not very significant - as of the end of September 2023, the company's bank loans amounted to about UAH 640 million.

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