CCC with net loss of PLN 145.7 million in Q1 2018

Polish footwear retailer CCC recorded a consolidated net loss of PLN 145.7 million in the first quarter of 2018 compared to a PLN 40.8 million loss a year earlier, the company has reported.

The adjusted net loss amounted to PLN 133.7 million in the first quarter compared to PLN 35.5 million in the previous year.

The operating loss amounted to PLN 119.5 million compared to PLN 16.1 million loss a year earlier.

Consolidated sales revenues reached PLN 694.1 million in the first quarter of 2018 compared to PLN 720.4 million in the previous year.

The CCC Group is the leader of the Polish footwear retail market and one of its largest manufacturers in Poland. The company has been listed on the Warsaw Stock Exchange since 2004.

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