CCC continues to walk down the road of success
This was accomplished due to the fact that the concern expanded its sales network and increased its margins. The group's net profit for the period amounted to zł.5.4 million, while its consolidated revenues were zł.62.5 million, 6% higher than in the same period of 2004. CCC's own outlets generated 41% of its total revenues, a considerable increase compared to 2004. The company was able to open 11 new shops during Q1 by using the funds it gathered from its 2004 public offer. CCC now has 79 stores, plus 52 partner stores and 141 franchise outlets. The rise in revenues was accompanied by rising gross margins, from an average of 43% in 2004 to 49% at present within CCC's own sales network. This year CCC plans to open a further 30 own outlets and expand its network in the Czech Republic that currently consists of four stores. (Parkiet, p. 5) D.W.