15:52 10 September 2024
Inter Cars Reports 7.7% Sales Increase in August and 9% Growth y/y
In August, Inter Cars' distribution companies saw a 7.7% y/y increase in sales, reaching PLN 1.556 billion. For the January-August period, sales grew 9% y/y to PLN 12.42 billion.
The parent company, Inter Cars, reported a 5.9% y/y sales increase to PLN 1.02 billion in August. Domestic sales in Poland rose by 8.1% y/y to PLN 630 million. International sales grew by 4.5% y/y to PLN 799.3 million, with the highest revenue coming from Inter Cars Romania (PLN 130.3 million), Inter Cars Bulgaria (PLN 116.6 million), and Inter Cars Latvija (PLN 65.4 million).
Inter Cars is the largest auto parts distributor in Central and Eastern Europe, debuting on the Warsaw Stock Exchange in 2004, with 2023 revenues of PLN 18.03 billion. It is listed on the mWIG40 index.
