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Net profit of Merkator 8.9 million euros – Economy



In the first nine months of 2018, Merkator Group's retail sales increased 5.4 percent compared to the same period last year, while EBITDA reached EUR 86.8 million, up 24.7 percent from the previous year, this trade chain.

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Photo: Fonet / Marko Mišić

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In the first nine months, Merkator Group recorded a net profit of 8.9 million euros, which is 19.4 million euros more than in the same period of the previous year.

"Operating income improved significantly to EUR 35.8 million for the first nine months of 2018, an increase of EUR 21.8 million compared to the same period last year." Merkator Group generated EUR 1,617.3 million from the same period last year. total sales revenue, which is more than 1.6 percent ", says Tomislav Čizmić, Chairman of the Board of Directors of the Merkator Group.

Such results have impacted the reduction of Merkator's debt to EUR 738.3 million, which is 11.2 percent or EUR 93.3 million less than the debt recorded in the same period of 2017.

Slovenia and Serbia, where Merkator recorded 0.8% revenue growth, or 1.1% compared to last year, remain the main markets for Merkator Group's activities. This chain in Serbia manages the chains Idea, Roda and Merkator.






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