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Premium grocery chain Yeme returns to profitability after revenue surge

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Premium grocery retailer Yeme returned to modest profitability last year after a year of losses, driven by strong revenue growth exceeding 50 million euros. The Bratislava-based chain, which markets itself on selling high-quality foods at premium prices, saw its profits limited by a sharp 2.5 million euro increase in personnel costs, primarily from wage increases. The company's recovery reflects the resilience of Slovakia's premium grocery segment, where consumers are willing to pay higher prices for quality products despite broader economic pressures.

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