In 2013 the sales revenues of the company went up by 16.5%.

The biggest automotive spare parts distributor for passenger cars and commercial vehicles in Poland became the Company of the Year in the rank of Puls Biznesu magazine. Inter Cars also won leading positions in three other categories: "Perspectives for Development”, “Competence of Management” and “Success 2013”.

The rewards in each category were handed in during a solemn Gala, which took place some time ago, in the Great Theatre in Warsaw. The guests of the Gala were managers of companies, managers of investment funds, analysts, investors and representatives of the Ministry of Treasury, together with partners of the rank. Winners were rewarded in 5 categories: “Competence of Management”, “Relations with Investors”, “Quality of products and services”, “Perspectives for Development", "Success 2013", and also in so called main rank.

The winner of the main rank was Inter Cars Company, which won the title of the Stock Exchange Company of the Year. But this is not all. Experts of the market also appreciated the Board of Managers, possibility of its further expansion and ongoing successes. Inter Cars SA won the first prize in “Perspectives for development” category. Independent analysts, advisors and stock brokers decided that the company feels the market, takes right decisions and is innovative, as well as recognises market niches. The company was also in the third position in “Success 2013” and “Competence of Management” ranks.

Jury giving assessment in “Success 2013” category paid attention to increasing the market share of the company, winning new markets, contracts and initiatives and spectacular achievements, thanks to which the company was talked about. Less important were the financial successes or ratio of return on investment. The reward in category of “Competence of the Management” was given for activities of the Board in 2013, communication with the market and keeping promises and obligations.

- The reward makes us happy, first of all because we were recognized by analysts and financial advisors, that is the most demanding market players – said Piotr Zamora, Financial Director of Inter Cars SA, representing the company during the Gala.

In 2013 the sales revenues of Inter Cars SA went up by 16.5%. Such result can let us think about sales revenues increase in 2014 of around 8-10%. The company was appreciated for its activities performed especially during the past five years. In 2009 consolidated sales revenues of the company were PLN 2bn, and net profit was PLN 68m. Four years later sales revenue were more than PLN 3.5bn, and net profit went up to PLN 150m.

After becoming a leader on domestic market, Inter Cars has a perspective of international expansion. This is not an easy way, but development of foreign branches brings great opportunities for Inter Cars SA to be successful also in this area.

One of the most important issues at the moment is building a warehousing-logistic centre in Zakroczym nearby Warsaw. The investment is supposed to cost PLN 155m, and PLN 120 will have to be spent in 2014 and 2015.

The company also wants to strengthen its position in the market of spare parts for commercial vehicles.

source: Auto Market Truck
01-07-2014
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