Inter Cars is growing in foreign markets
31 July 2013, 08:38
Almost since the beginning of this month the share price is constantly growing. Right now it is reaching the level of all time high – PLN 150 (on Tuesday the price was PLN 149).
June sales revenues were another confirmation of great quarter for our Company. This year seems to have possibility of being even better than the previous one. After a winter slowdown, since April we have recorded a two-digit increase of sales revenue. For the first six months total revenue went up by 13%, to 1.6 billion PLN. The result is mainly thanks to increasing sales in foreign daughters which are operating on several markets of Europe. January to June – their revenue went up by 23 per cent. Whereas domestic sales went up by 11.7 per cent. Sales on Polish market is still 70 per cent of total revenue of the Group, but this share is constantly decreasing.
Source: Parkiet Warszawa
31-07-13
DZ. / No 176