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Mercadona is a Spanish supermarket chain that closed a “spectacular Year” in December of 2024. According to the founder and president Juan Roig himself, the Valencia store chain outperformed its own projections and led the competition in the industry.
Numbers: Spain’s largest food retailer has achieved a turnover increase of 9% to 38.8 billion euro, and profits have risen by 37%, reaching almost 1.4 billion euro, far exceeding the 1 billion euro forecast.
Roig attributed this exceptional figure to the 100,000,000 tourists that will visit Spain in 2024 as well as the return on investment after five years for Mercadona. Spain’s neighbor contributed 1.8 billion out of the 3.8 million euros. “This is the first year that Portugal has made money and this has helped our overall results,” said he.
Juan Roig, during his speech at the press conference for the announcement of the results, remembered the tragedy that was ‘Dana,’ and the 224 people it had left behind. Among them were four friends who are entrepreneurs. Mercadona president donated 108 millions euros to repair damage caused by floods that affected 21 Mercadona stores. “It’s still hard for me to talk about ‘Dana.’ Roig said, “This has been an especially difficult year for us.”
He refused to comment on the potential dismissal of Carlos Mazón as president of the Valencian government (Generalita), but he expressed his thoughts on the late reaction that left “a million Spaniards helpless for four days”. “What is most important for us to analyze as a community is what happened on 30 October. One million Spaniards were left feeling helpless. We did not see any coordination or agility in the response. Roig said that the management of public administrations was a failure.
Mercadona has created 6,000 new positions in 2024, despite a difficult year (4,300 in Spain and 1700 in Portugal), bringing the total number of employees to 110.000, with a monthly average net salary (after four-years of seniority) of 2,100 euro. The company distributed 700 million euros to all employees. This means that an employee who has more than four years’ experience received a gross, variable remuneration on 1 March of 6,000 euro.
The remaining 275 millions was divided among nine shareholders.
