Żabka plans to open over 1100 new stores in 2025

Żabka Group announced plans to open more than 1,100 new stores in 2025, an increase of 10% compared to previous expectations. The company also aims to open over 1,000 stores annually in the following years, continuing its rapid network expansion. The announcement was made by Chief Financial Officer Marta Wrochna-Laastowska during a recent videoconference.

Żabka expects to maintain a stable adjusted EBITDA margin this year. The adjusted net profit margin is forecast at approximately 3% in the short term, with a target of 4.5% in the medium term. Like-for-like (LfL) sales growth for the first quarter of 2025 is projected at a moderate single-digit level.

Investment spending for 2025 will largely focus on development initiatives. According to Wrochna-Laastowska, capital expenditures (capex) will not exceed 2% of total customer sales. The majority of these funds will be allocated to the opening of the planned 1,100 new stores.

The company also anticipates LfL sales growth to remain in the average to high single-digit range throughout 2025, building on an 8.3% increase achieved in 2024.

In financial terms, Żabka Group reported consolidated sales to end customers of PLN 27.3 billion in 2024, up from PLN 22.75 billion the previous year. Żabka Polska accounted for PLN 26.17 billion of that total, while the group’s New Development Engines generated PLN 1.1 billion in revenue, compared to PLN 470 million in 2023.

The group’s adjusted EBITDA margin reached 12.8% in 2024, nearing the upper end of the company’s 12–13% target range. Net profit rose to PLN 593 million, up from PLN 356 million a year earlier. Adjusted net profit stood at PLN 714 million, compared to PLN 430 million in 2023. Reported EBITDA reached PLN 3.36 billion, with adjusted EBITDA at PLN 3.51 billion, both improving significantly year-on-year.

Żabka Group operates one of Poland’s largest convenience retail networks through a franchise model. Its ecosystem also includes Żabka Nano, a chain of autonomous, cashier-free stores, and a range of digital services.