A company from Inter Cars Group is building a new logistics centre in Zakroczym. It shall provide employment for several hundred of people

Currently the company is looking for the main constructor of the centre.  After this process has been finished, the investment phase shall be launched. 

 

- New logistics centre will be close to current headquarters of Inter Cars - said Robert Kierzek, CEO of Inter Cars, in an interview with Newseria information agency.  - It is a new investment in economic zone There will be new warehouses with total area of around 40k sq. m. with modern internal logistics and sorting systems. 

The value of the investment is estimated at around PLN 160m.  Several hundred jobs will be created thanks to the investment, as emphasized Kierzek. 

 

- All the investments should give us a sound basis for further expansion in Poland, though we have a strong position here, and also in other European countries - announced the president of Inter Cars. 

 

Sales revenues of Inter Cars in October were above PLN 346m and were 13 percent higher that a year ago.  The driving force of this growth is sales of foreign distribution subsidiaries, which in total reached the level of PLN 129m, an increase by 36 percent in comparison to October 2013.  The growth in Poland reached 11.7 percent. 

 

- Strong development of monoculture products is crucial.  They are products, such as a tyre, oil or a battery - says Robert Kierzek.  - Thanks to our "one-stop-shop" strategy we have strongly increased our market share. 

Very important for the company shall be developing the product range for trucks and commercial vehicles. 

 

- We are talking here about the whole product range, i.e. running parts, repair materials, brake system elements such as disks, pads, also filters, and of course all kinds of repair parts, suspension parts and parts for pneumatic systems - declares Inter Cars.  - A daughter company of Inter Cars, i.e. Q-Service Truck is currently being authorized for repairs and service of automatic transmissions for trucks, and this will be an area for intensive development the coming years. 

 

Also Motointegrator.pl is being constantly developed - a platform combining the sales of parts with services - said the president.  The platform is a great advantage for the customers, especially in the season for changing tyres. 

 

Inter Cars is the biggest automotive spare parts distributor in this region of Europe.  It is also a dealer of Triumph and Ducati motorbikes.  The company currently has 168 branches in Poland and 162 foreign branches in 12 countries.  Inter Cars is also the owner of a garage chain of over 1,000 garages repairing passenger cars and motorbikes and 90 garages repairing trucks. 

Sales revenues of Inter Cars for the Q3 2014 reached the level of PLN 997m and were PLN 52m higher in comparison to the same period a year ago.  Consolidated net profit assigned to the shareholders of the parent company reached PLN 56.2m and was PLN 6m higher than a year ago.  After 3 quarters the company earned almost PLN 142m.  Profit per one share after this period reached over PLN 10, over PLN 2 more than a year ago. 

 

- It is still too early to make any promises regarding the dividend - said Robert Kierzek.  - Decisions shall be taken soon, and all our shareholders shall be informed about this fact. 

 

In 2014 the General Shareholders Meeting assigned PLN 10m for a dividend out of PLN 146m profit from the year 2013.  This meant PLN 0.71 per one share.

 

Source: biznes. newseria. pl

2014-12-02