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Mercator Group Doubles Profits In H1 2018

Published on Sep 12 2018 9:31 AM in Retail tagged: Slovenia / Serbia / Mercator Group / Paywall

Mercator Group Doubles Profits In H1 2018

Slovenian retailer Mercator Group has more than doubled its operating profit in the first half of 2018, with profit reaching €16.9 million.

Retail revenues increased by 6.6%, compared to the same period last year, while EBITDA amounted to €48.1 million, which is 14.6% more than that accrued in the same period in the previous year.

Net profit reached €1.5 million, compared to a loss of €4.6 million in the same period last year.

The parent company of the group, Poslovni Sistem Mercator, closed the half-year with a net profit of €9.3 million.

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