CDRL Group summarizes financial results after Q1 2020

Owner of the Coccodrillo and Buslik brands,the CDRL Group, generated revenue of PLN 91.6 million in the first quarter of 2020, compared to PLN 108 million a year earlier. ndividually, CDRL revenues amounted to PLN 51.0 million, and EBITDA was PLN 3.3 million and was higher by 112 percent y/y. The company also recorded an increase in sales profitability.

Still, in the first quarter of 2020, the CDRL Group reported a loss of PLN 22.6 million.