Sales revenue of distribution companies of Inter Cars Capital Group increased in July by 7.4% YoY, to PLN 353.5 million, announced the Company.

The sales of the parent company Inter Cars increased by 5.8% YoY, to PLN 310.2 million in July. Its sales revenue in Poland rose by 7.4% YoY to PLN 225.4 million.

Foreign distribution companies of Inter Cars in July recorded increased sales revenue by 19.6% YoY, reaching the amount of PLN 103.3 million. The Latvian and Hungarian companies recorded the biggest increase – 164.4% and 68.9% yty, respectively. While the Romanian branch – Inter Cars Romania – had the highest sales revenues of all the Group’s foreign subsidiaries in July – PLN 25.1 million.

Cumulatively, since the beginning of the year, the sales of the distribution companies of the Inter Cars Capital Group have increased by 12.7%, to PLN 2,178.6 million.

Inter Cars S.A. is the biggest distributor of spare parts for passenger cars and trucks in Central and Eastern Europe. The company went public on the Warsaw Stock Exchange in 2004. In 2013 it recorded PLN 3.5 billion in consolidated revenues.

source: ISBnews
07-08-2014
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