Retailer blames higher taxes, rising labour costs and weaker consumer spending as profits swing to an €8 million loss despite higher sales.
Billa Slovakia fell into the red last year, becoming one of the first major retailers to report the adverse impact of the government's consolidation measures on the country's consumer sector.
The supermarket chain announced a loss of nearly €8 million for 2025, despite boosting revenues by 5 percent year-on-year to €923 million. The result marks a sharp reversal for the retailer, which had consistently generated profits in recent years, according to Denník N.
Compared with 2024, Billa's bottom line deteriorated by almost €16 million.
The company said rising labour costs, new taxes and changing shopping habits all contributed to the decline.
