Auto Partner ups storage area to 86,500 m2
23:55
Auto Partner Group decided to increase the warehouse space in Bieruń by about 11,000 m2 (from the current 30,000 m2), informed the sales director Piotr Janta. As a result, the total warehouse space of the group will increase from around 75,500 m2 up to approx. 86,500 m2. The new warehouse part will be available from February 2019.
The company, despite the higher costs associated with the logistics and warehouse infrastructure related to the new hub in Pruszków and the increase of the area in Bieruń, achieved stable profitability. Gross margin on sales was 26.53 percent, ie -1.24 percentage points y / y, and EBIDA margin decreased by 0.55 percentage points up to 8.29 percent.
Auto Partner sales increased in the first quarter to PLN 254 million, ie by 26% y / y.
