Veritas invoices 113 million in 2022, 5% more, and will open 20 stores before 2025

The organic supermarket chain Veritas had a turnover of a total of 113.

Oliver Thansan
Oliver Thansan
03 July 2023 Monday 16:56
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Veritas invoices 113 million in 2022, 5% more, and will open 20 stores before 2025

The organic supermarket chain Veritas had a turnover of a total of 113.5 million euros last year, which is 5.1% more than in 2021, and plans to open 20 stores before 2025.

Last year the chain celebrated its twentieth anniversary and focused its efforts on consolidating its store park with a new opening, nine refurbished stores and three fewer stores due to repositioning of the business model, operations to which it allocated 1.7 million euros .

In a statement, the chain has highlighted that the growth in billing registered in 2022 exceeded the 1.2% registered in 2021.

The president of Veritas, Silvio Elías, has assured that the 2022 results show that the group "continues with the solid and sustained growth of recent years".

All in all, Veritas has specified that the cost of energy had a notable impact on the business in 2022, accounting for 2.44 million, 92% more than in 2021.

Veritas currently has 79 stores, including the online store, which serves some 200,000 customers, and there are two franchisees out of this store park.

NEW OPENING IN ARENYS

Veritas will open a new supermarket in Arenys de Mar this Thursday, an establishment that is part of the expansion project of the network of establishments, which will take shape in these 20 more stores in the next 3 years.

The chain continues to bet on opening larger establishments, between 500 and 800 square meters and with parking.

Veritas, which employs around 800 people, is owned by six Catalan families, although the Elías family is the majority shareholder.

Founded in 2002 in Barcelona, ​​Veritas is mainly present in Catalonia, although it also has stores in the Basque Country, Navarra, the Balearic Islands, Madrid, Andorra and the Valencian Community, where it is also present under the Ecorganic brand.