CCC shoe producer raises its forecasts by 18 percent

APA - Austria Presse Agentur
opublikowano: 12-08-2005, 21:08

Warsaw (Puls Biznesu) – CCC, Polish listed shoe producer, had PLN 155.5m (EUR 38.6m) of sales in the first half of the year, or 20 percent more than a year ago. Net income grew PLN 11.16m to PLN 18.65m. “In our business, the second quarter is better than the first one as far as financial results are concerned”, Dariusz Milek, CCC CEO said.

Warsaw (Puls Biznesu) – CCC, Polish listed shoe producer, had PLN 155.5m (EUR 38.6m) of sales in the first half of the year, or 20 percent more than a year ago. Net income grew PLN 11.16m to PLN 18.65m. “In our business, the second quarter is better than the first one as far as financial results are concerned”, Dariusz Milek, CCC CEO said.

That’s why the company has raised its forecasts. “The verified plan provides for sales of PLN 330.5m and not PLN 325m. The net income should amount to PLN 37.1m up from PLN 31.4m planned before. This still is a very cautious forecast”, Mariusz Gnych, CCC deputy CEO said. The company is launching new shops. “We have signed thirty one agreements to open new shops in Poland and six in the Czech Republic. This year, 20 outlets will be launched in Poland and four in the Czech Republic, more than we planned”, the CEO boasted. CCC has 291 outlets today, including 89 own ones.

(PLN 1 = EUR 0.248)

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Podpis: APA - Austria Presse Agentur

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