Thursday, July 7, 2022
Aroj
  • Home
  • World
  • Lifestyle

    Trending Tags

    • Pandemic
  • Business
  • Entertainment
  • Sports
No Result
View All Result
  • Home
  • World
  • Lifestyle

    Trending Tags

    • Pandemic
  • Business
  • Entertainment
  • Sports
No Result
View All Result
Aroj
No Result
View All Result
Home World

NEW MERCATOR SUCCESS: Revenues in the first nine months of 2021 1.6 billion euros

Aroj by Aroj
November 25, 2021
in World
0
NEW MERCATOR SUCCESS: Revenues in the first nine months of 2021 1.6 billion euros
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Mercator Group has increased revenues in all markets in which it operates. Mercator Serbia’s retail sales grew by 1.6% this year, compared to the same period last year.

NEW MERCATOR SUCCESS: Revenues in the first nine months of 2021 1.6 billion euros

Photo: Nemanja Maras

In the first nine months of 2021, Mercator Group achieved all key business goals and improved its business results compared to the same period last year. Operating profit amounted to EUR 57.6 million, net profit from the period of operation EUR 12.6 million, and normalized EBITDA was higher by 10.8% compared to the same period last year and amounted to EUR 139.3 million. Mercator Group also further reduced its net financial debt in the observed period.

– After many years, Mercator has managed to reduce the ratio between net financial debt and normalized EBITDA below five times, which proves that strategic decisions give the right results. Financially sound and business-successful Mercator is not only in the interest of the company, employees and owners, but also the entire chain from producers to the food industry in Slovenia and the region. Mercator will continue the digital transformation of its business and insist on providing modern, personalized services and offers to customers. As Mercator Group is part of the Forten Group, we can continue with strategic investments, especially in the new logistics and distribution center in Ljubljana and the renovation of the sales network – he said Tomislav Čizmić, President of the Management Board of Mercator.

Photo: Nemanja Maras

Sales revenues increased by almost 1% in the observed period and amounted to EUR 1.6 billion, with the Group also recording a similar growth in retail revenues as core business. Comparisons with 2019 (pre-corona period) also confirm that the Mercator Group operated successfully, as sales revenues in the period from January to September 2021 increased by 2.9% compared to the same period before the declaration of the COVID epidemic. -19 (period from January to September 2019). The largest increase in sales revenue was recorded in retail trade. The company Poslovni sistem Mercator dd operated successfully in the first nine months of 2021, achieving EUR 34.4 million in operating profit (EBIT), which is an increase of EUR 4.2 million compared to the comparable period last year.

In the first nine months of this year, Mercator Group invested EUR 20.9 million in fixed assets, most of which was for the renovation of the sales network.

Business in the period of the first nine months of 2021 was marked by the COVID-19 epidemic, which required the adoption of additional measures, continuous adjustment to the real situation and the consequences of individual measures taken by the Government and other competent authorities. Successful business depended mainly on the rapid adjustment of business and the commitment of employees in the Mercator Group.

Follow us through iOS and android apps

Tags: billioneurosMERCATORmonthsRevenuesSUCCESS
Previous Post

INSTEAD OF SELLING A PILLOW, THEY RENT IT: Merchants who sell goods outside business premises have come up with a new way to deceive citizens

Next Post

HOW DID THE TRAGEDY IN LESTANI HAPPEN: An expert claims – the rocket fell out and set everyone else on fire?

Aroj

Aroj

Related Posts

CLEANING HAS BEEN STARTED: Work on the removal of the largest illegal landfill in Smederevo
World

CLEANING HAS BEEN STARTED: Work on the removal of the largest illegal landfill in Smederevo

by Aroj
July 7, 2022
ALBANIAN WILDLIFE ON IVANJDAN: See how ROSU invaded Štrpce on the great Serbian holiday (PHOTO)
World

INTENT FOR OUR PEOPLE TO LEAVE THEIR HOMES: Serbian list about ROSU action in Štrpce

by Aroj
July 7, 2022
DALIBOR JEVTIC: Serbs will blame Ristic for indictments against them, so as not to return to Kosovo
World

STATEMENT OF THE PRESIDENT OF THE MUNICIPALITY OF ŠTRPCA ON THE OCCASION OF THE BROADCASTING IN ROSU: Pressure on the population, the municipality and the leadership

by Aroj
July 7, 2022
RTS: New scandalous EU ultimatum towards Serbia against Russia
World

“SERBIAN RESOLUTION ON EU” Leader of the “Nashi” movement: Travel to Europe

by Aroj
July 7, 2022
ANA BRNABIĆ DID NOT FALL TO PROVOCATIONS: "I have to look and hear myself, so I will answer you" (VIDEO)
World

ANA BRNABIĆ: For some media, all interlocutors who have something to say against Serbia are relevant

by Aroj
July 7, 2022
Next Post
HOW DID THE TRAGEDY IN LESTANI HAPPEN: An expert claims - the rocket fell out and set everyone else on fire?

HOW DID THE TRAGEDY IN LESTANI HAPPEN: An expert claims - the rocket fell out and set everyone else on fire?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

VUCIC THANKS ORBAN: Long live friendship between Serbia and Hungary (VIDEO)

VUCIC THANKS ORBAN: Long live friendship between Serbia and Hungary (VIDEO)

May 22, 2022
(LIVE) VUCIC ADDRESSES: Grcic will not be in office

VUCIC ADDRESSED FROM THE PRESIDENCY: We have destructive weapons in the fight against the crown, another vaccine is coming to Serbia (VIDEO)

January 6, 2022
SMALL SERBIAN HOLY MOUNTAIN: Beautiful view from Kablar from the new glass lookout (PHOTO / VIDEO)

SMALL SERBIAN HOLY MOUNTAIN: Beautiful view from Kablar from the new glass lookout (PHOTO / VIDEO)

April 28, 2022

Browse by Category

  • World

Browse by Tags

ANA ANNOUNCED answered Balkans BELGRADE BRNABIĆ Citizens country DAY elections Europe euros FELTON GOVERNMENT GREAT IMPORTANT KOSOVO KURTI LIST live Mali meeting METOHIJA Minister news PEOPLE PHOTO President PRIME Pristina Russia Serbia SERBIAN SERBS SNS state support today Tomorrow Ukraine VIDEO VUCIC Vulin world Years
Aroj

breaking news headlines of the day for national news and world news today.

Categories

  • World

Browse by Tag

ANA ANNOUNCED answered Balkans BELGRADE BRNABIĆ Citizens country DAY elections Europe euros FELTON GOVERNMENT GREAT IMPORTANT KOSOVO KURTI LIST live Mali meeting METOHIJA Minister news PEOPLE PHOTO President PRIME Pristina Russia Serbia SERBIAN SERBS SNS state support today Tomorrow Ukraine VIDEO VUCIC Vulin world Years

Recent Posts

  • CLEANING HAS BEEN STARTED: Work on the removal of the largest illegal landfill in Smederevo
  • INTENT FOR OUR PEOPLE TO LEAVE THEIR HOMES: Serbian list about ROSU action in Štrpce
  • STATEMENT OF THE PRESIDENT OF THE MUNICIPALITY OF ŠTRPCA ON THE OCCASION OF THE BROADCASTING IN ROSU: Pressure on the population, the municipality and the leadership

© Aroj 2021. All Rights Reserved.

No Result
View All Result
  • Home
  • World
  • Lifestyle
  • Business
  • Entertainment
  • Sports

© Aroj 2021. All Rights Reserved.