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Family Cash Records €673 Million Turnover in 2024 Ahead of New Hypermarkets and Logistics Platform Launch

Consumer confidence in its low-price model drove a record €673 million turnover, with investment in logistics fueling further growth.

José Canet, director general de Family Cash.
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Imagen de archivo de un Family Cash

Overview

  • Family Cash closed 2024 with a net turnover of €673 million, marking a 9% rise from 2023.
  • The chain invested over €10 million in expanding logistics capacity, upgrading refrigeration and CSR projects including rapid EV chargers, solar panels and flood relief aid for Valencia communities.
  • It opened hypermarkets in Petrer, Toledo and Andorra in 2024 and plans to add locations in Murcia, Tarragona and Jerez de la Frontera to approach 50 stores.
  • A future 100,000-square-meter automated distribution center in Agullent is slated to centralize storage and streamline supply chains.
  • The workforce grew by 300 direct hires to 3,800 employees in 2024 as parent Family Group’s turnover exceeded €800 million, a 10% increase.