Three Grocery Retailers Post Profits, While Tuš Remains Deep in the Red
Translated from Slovenian and summarized by DistantNews. Read the original for the full story.
At a glance
- Spar Slovenia reported the sector’s highest revenue, €1.261 billion, up 7.4% from the previous year, and a net profit of €12.2 million.
- Mercator returned to profit with €12.7 million in net income after recording a €10 million loss the year before.
- Tuš remained in restructuring and posted a €12 million loss, with revenue down 5% and negative equity of €35 million.
Slovenia’s grocery retailers say business conditions remain difficult, but the latest figures show that the country’s three largest chains ended 2025 in profit. Tuš was the exception, closing the year with a loss while continuing its restructuring.
Spar Slovenia recorded the highest revenue among grocery retailers, at €1.261 billion, an increase of 7.4% from the previous year. Net profit reached €12.2 million. The number of purchases rose 2.6%, meaning an average of about 203,000 customers shopped in Spar stores each day.
“We grew faster than the market in 2025 and further strengthened our market share. This is the result of a clear focus on the customer and an offer that we continuously adapt to their needs,” Spar Slovenia chief executive David Kovačič said. The company also began building a 20,000-square-meter fresh-produce warehouse to expand logistics capacity and improve supplies to stores across Slovenia.
We grew faster than the market in 2025 and further strengthened our market share. This is the result of a clear focus on the customer and an offer that we continuously adapt to their needs.
Mercator, owned by Croatia’s Fortenova, recorded €1.174 billion in sales revenue, more than 11% below the previous year. Its net result was €12.7 million, compared with a €10 million loss a year earlier. EBITDA rose by more than half to €75 million, while net financial debt fell by half to €143 million. Mercator said it had laid the foundations for “the long-term and sustainable stability of our operations.”
Tuš, which completed financial restructuring and debt reduction at the end of 2024, focused last year on improving operational efficiency. Revenue fell 5% to €466 million, EBITDA dropped by one-third to €9 million, and the company recorded a loss of just over €12 million. It ended the year with €95 million in financial liabilities, mostly leases, and negative equity of €35 million.
We believe that we have laid the foundations for the long-term and sustainable stability of our operations.
Originally published by Delo in Slovenian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.