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Real estate Lokale Immobilia

Auto Partner ups storage area to 86,500 sqm

01:15

Car parts importer and distributor Auto Partner Group decided to increase the warehouse space in Bieruń by about 11,000 sqm (from the current 30,000 sqm), informed the sales director Piotr Janta. As a result, the total warehouse space of the group will increase from around 75,500 sqm up to approx. 86,500 sqm. The new warehouse space will be available from February 2019. 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, the company achieved stable profitability. Gross margin on sales was 26.53 percent, i.e. -1.24 percentage points y/y, and EBITDA margin decreased by 0.55 percentage points up to 8.29 percent. Auto Partner sales increased in the first quarter to PLN 254 million, i.e. by 26 percent y/y.

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