CCC wants to have 200 shops in its network

APA - Austria Presse Agentur
17-03-2005, 12:54

Warsaw (Puls Biznesu) – CCC, Poland’s shoe producer, plans to increase its consolidated net income to PLN 31.4 m (EUR 7.6 m), or 31 percent. Sales are to grow to PLN 325 m, or 16.5 percent, while the operating income to PLN 43.6 m, or 22 percent. ‘This is a conservative forecast and there is no danger it won’t be met.

Warsaw (Puls Biznesu) – CCC, Poland’s shoe producer, plans to increase its consolidated net income to PLN 31.4 m (EUR 7.6 m), or 31 percent. Sales are to grow to PLN 325 m, or 16.5 percent, while the operating income to PLN 43.6 m, or 22 percent. ‘This is a conservative forecast and there is no danger it won’t be met. Original version was more optimistic but we revised it because of the weather in March’, Dariusz Milek, CCC CEO said. The company will share this year’s profit with its shareholders and pay our 25 percent of dividend.

CCC will invest in its own network, because those shops are more profitable than sales outside. Originally, CCC wanted to open at least 35 own shops each year, 10 franchise shops and five outlets in the Czech Republic. The company is developing much faster than planned, however, and it will realise 70 percent of this year’s plans in the first quarter. It will open 10 shops in abroad. In Poland, the company wants to have 350 shops altogether, 200 of which in its own network. At the end of last year, it had 78 own shops.

CCC has 2.5 percent of the shoe producers market and 5 percent in retail sales. The group consists of CCC company managing sales network, CCC Factory plant and the Czech unit.

(PLN 1 = EUR 0.242)Poland/Enterprises/Clothes

 

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Podpis: APA - Austria Presse Agentur

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