Rohlik Group increased turnover by 33 pct to CZK 13.7 billion last year

Rohlik Group, which includes online retailer Rohlík.cz, increased its turnover by 33 percent year-on-year to EUR 574 million (roughly CZK 13.7 billion) last year. Owner Tomáš Čupr and international market director Olin Novák told a press conference today. They did not give the financial result. According to its annual report in the Collection of Deeds, Rohlik Group ended up with a loss of CZK 212 million in the financial year that ran from May 1, 2021 to April 30 last year. The company's turnover in the same period reached CZK 12 billion.

This year, the company would like to achieve a turnover of more than 750 million euros (about 17.9 billion crowns), Čupr said. Rohlik Group delivered about 11 million orders last year, with couriers delivering one million purchases at Christmas.

This year, like last year, the company plans to focus on distribution automation and expansion. Last year, it opened its first automated distribution centre in the Czech Republic in Chrášt'any near Prague. According to Čupr, Rohlik Group has invested more than EUR 50 million (about CZK 1.2 billion) in automation. The company would like to fully automate distribution centres in Munich, Frankfurt and Vienna this year, Novák said.

In Italy and Spain, the company is continuing to test the market, and they should open fully this year, Cupro added. Rohlik Group is not yet planning to expand into Slovakia, he said. The company is growing fastest in Romania, where it operates under the Sezamo brand, he added.

Last June, the company said it had managed to raise CZK 5.4 billion (EUR 220 million) in its latest round of funding. Belgian family investment firm Sofina was the main investor. Founder Čupr remained the largest shareholder. The company planned to use the money to improve its services and expand further. By the end of last year, Rohlik Group had raised EUR 45 million (about CZK 1 billion) from banks, Čupr said. This year, the company would finance its operations only from its own resources, he added.

Source: Rohlik Group and CTK