CDRL Group sums up 2020

Owner of the Coccodrillo and Buslik brands, the CDRL Group, in 2020 recorded a loss of PLN 41.7 million, while in 2019 it achieved a profit of PLN 11.5 million. Last year's sales revenues amounted to PLN 405.6 million, i.e. by 21 percent less than a year earlier. EBITDA in 2020 amounted to PLN 25.7 million and is 52 percent lower than in the previous year.

The cash flow from operating activities remained at a high level – in 2020 it amounted to PLN 71 million compared to PLN 33.6 million…