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Consum Reports Record Profits and Implements Red-Alert Closure Protocol

The cooperative achieved €108.7M in net profit for 2024, completed flood recovery efforts, and introduced measures to protect workers during extreme weather events.

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Un establecimiento de Consum afectado por la dana en Benetússer
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Reapertura de una tienda de Consum en Algemesí, en una imagen de archivo.

Overview

  • Consum closed 2024 with €4.707 billion in revenue and €108.7 million in net profit, marking respective increases of 7.3% and 7.5% year-over-year.
  • The cooperative reopened its final flood-affected stores in Algemesí and Aldaia, completing a €35 million recovery and reconstruction effort after the October 2024 floods.
  • A new protocol mandates the closure of stores and logistics centers during red-alert weather warnings to ensure employee and customer safety.
  • In 2024, Consum opened 59 new stores, created 653 jobs, and invested €232.9 million in logistics and online commerce improvements.
  • Sustainability remains a priority, with an 81% reduction in carbon footprint since 2015 and 99% of energy sourced from renewables.