The leader of Ukrainian retail, ATB supermarket chain, presented its results in the first quarter of 2021. In this difficult time, which fell on the third wave of the COVID-19 pandemic, the retailer demonstrated a confident continuation of the development strategy that ATB has been implementing in recent years.
According to representatives of the retail chain, 24 new ATB supermarkets appeared in Ukraine in the first quarter. The chain has grown to 1229 stores, which are represented in 318 settlements. The company plans to open at least 120 new stores in all regions of Ukraine by the end of 2021.
In recent years, special emphasis has been placed on expanding the network in the Western and Southern regions. Now the ATB network employs more than 64 thousand people and with the appearance of new stores, the retailer will create new places for employment.
In the first three months of 2021, ATB’s trade turnover exceeded UAH 41 billion, exceeding the indicators of the previous year. Moreover, its tangible growth has been noted for the fifth year already. Last year, the chain’s turnover grew by 18.2% and amounted to UAH 149.8 billion (including VAT), and a year earlier – UAH 126.8 billion. In 2017 and 2018 – UAH 80.2 billion. and UAH 103.9 billion. respectively.
This increase in profits is reflected in the amount of taxes that the company uses to replenish the state budget. In the first quarter alone, ATB paid 3.3 billion hryvnia in taxes.
The company has been demonstrating impressive dynamics of growth of budget payments for several years already. In 2017, UAH 6.6 billion was paid to the budget, in 2018 this amount increased to UAH 9.4 billion, in 2019 – to UAH 12.6 billion. In coronavirus 2020, ATB replenished the budget by UAH 15.8 billion.
The expansion of the company is of great importance, especially after the decentralization reform, when significantly large amounts remain in local budgets, which expands the opportunities for territorial communities to carry out reforms and further development.
According to Boris Markov, Chairman of the Board of Directors, General Director of ATB Corporation, the result of the trading network’s operation under the conditions of a coronavirus crash test for food market operators testifies to the correctness of the chosen development strategy.
For a company whose stores are visited by more than four million customers every day, efficiency, reliability, safety are not only issues of corporate strategy, but also important elements of the country’s food and epidemiological security.Boris Markov, General Director of ATB Corporation