Grupo Mas aims to exceed 1.000 million euros in 2028
The company expects to increase its turnover by 21% this year, after acquiring Maskom from Málaga.
Grupo Mas aims to exceed 1 billion euros in revenue by 2028, according to the company's CEO Jeronimo Martín. During the 41st Aecoc Congress of Great Consumption, Martín revealed that the company, which competes only in Andalusia and Extremadura, plans to reach 900 million euros in revenue this fiscal year after acquiring the Malaga-based Maskom with its 51 supermarkets.
Martín shared that the family-owned enterprise, which also competes with the Mas and Mas&Go chains, aspires to capture a 12% market share in the regions it operates, achieve 2,400 million euros in revenue over an unspecified period, and maintain a healthy EBITDA of 7-8%. With 250 stores and 6,000 employees, Grupo Mas is confident in opening an additional 250 outlets.
The company emphasizes sustainable growth, long-term vision, and financial solvency. CEO Martín stressed the importance of building a good, large company rather than merely growing for growth's sake. The company's business model relies heavily on its own brand (72%) and fresh products (45% of sales).
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