In order to enhance the transparency and predictability of the Company's financial results, the Management Board of Inter Cars S.A. hereby presents - as a supplement to Current Report No. 5/2011 - a monthly report of sales revenue of the Inter Cars Group distribution companies. In connection with a growing share of foreign subsidiaries' sales revenue in the total revenue of the Group, the Management Board will also report sales revenue of the foreign distribution companies.
In February 2011, Inter Cars S.A. recorded non-consolidated sales revenue of PLN 157m, which represents a year-on-year increase of 24%. Excluding sales to the foreign distribution subsidiaries, revenue amounted to PLN 141m (up by 23% y-o-y).
In February 2011, the foreign distribution subsidiaries posted sales revenue of PLN 32m, which represents a 40% increase on the corresponding period of 2010.
In February, total sales revenue of the Inter Cars Group distribution companies (excluding Inter Cars S.A.'s sales to the foreign distribution subsidiaries) was PLN 173m (up by 26% y-o-y).
Art. 56.1.1 of the Public Offering Act – inside information
- Piotr Kraska - Member of the Management Board
- Paweł Pietrzak - Plenipotentiary