Q1 2019 Eurocash SA Earnings Call Transcript
Ladies and gentlemen, welcome to Eurocash Quarter 1 2019 Results Presentation. Today's speakers will be Luis Amaral, President of Eurocash Group; Mr. Jacek Owczarek, Chief Financial Officer; and Mr. Cezary Giza, Investor Relations Director. Sir, please go ahead.
Hello, it's Luis Amaral. Thanks for joining us on the call. We -- I just as usual will do the introduction and after Cezar, we'll follow on with Jacek.
So first quarter '19 is that the retail market and small stores market developed quite well. We saw growth of about 7% on the market, with a market without Easter, so it's quite relevant.
On the Wholesale side, we had 3.5% of sales increase with very healthy like-for-likes. And the EBITDA also went much better with 15% increase.
On the Retail side, we had minus 1.5% like-for-likes, which is basically effecting the Easter effect. If you add April, you'll see that the like-for-likes matched in April, so you can see the real like-for-like without
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