Consolidated Annual Report for previous year begins with important words of CEO of Inter Cars, Robert Kierzek: “The year 2013 was not an easy year for market of repair services and distribution of automotive spare parts. For the first time since 1990, that is since economy was turned into a free market, we have experienced economic slowdown, maybe even a slight decrease. Against this situation Inter Cars with almost 9% increase of revenue proves having adapted the right strategy of distribution. Historical decision of directing the offer straight to repair garages, made Inter Cars S.A. an unquestioned leader in distribution of automotive spare parts for cars in Poland. Next decision about expansion to rising markets in Europe caused that even in time of market slump we are able to generate strong increases. Thanks to increase of revenue in foreign daughter companies, our Company becomes independent from market situation in Poland. We expect that till 2017 our daughter companies abroad will generate 50% of revenue.”
In the report you will find all information regarding financial turnover of Inter Cars S.A. company, but the letter of CEO also points out the strategy for coming years.
You are invited to read the publication.