CCC eyes growth and expansion
Flush from its H2 results, Poland's leading shoe producer and distributor has revised its end-of-year prognosis and is expanding its network both in Poland and abroad.
"We are happy with the first half of the year," vice-president of CCC, Mariusz Gnych, said. The company had income of zł.94.8 million in Q2 of 2005 (up 35 percent from the same period in 2004) with profits of zł.13.2 million - a 163-percent increase in comparison to Q2 of 2004. Those results lifted CCC's H1 income from sales to zł.155.5 million and profits to zł18.6 million, a 20-percent and 149-percent growth from the previous year respectively.
"Taking the results of this quarter into consideration, we have decided to increase the prognosis for 2005," president of CCC, Dariusz Miłek, said. The company now expects its end-year income to reach zł.330.5 million and to make a profit of zł.37.1 million, while the initial prognosis was zł.325 million and zł.31.4 million respectively.
"We are happy with the first half of the year," vice-president of CCC, Mariusz Gnych, said. The company had income of zł.94.8 million in Q2 of 2005 (up 35 percent from the same period in 2004) with profits of zł.13.2 million - a 163-percent increase in comparison to Q2 of 2004. Those results lifted CCC's H1 income from sales to zł.155.5 million and profits to zł18.6 million, a 20-percent and 149-percent growth from the previous year respectively.
"Taking the results of this quarter into consideration, we have decided to increase the prognosis for 2005," president of CCC, Dariusz Miłek, said. The company now expects its end-year income to reach zł.330.5 million and to make a profit of zł.37.1 million, while the initial prognosis was zł.325 million and zł.31.4 million respectively.
