Inter Cars sales up by 25.6% in March

Companies from the capital group of automotive spare parts distributor Inter Cars have increased their sales in total by 25.6 percent year-on-year to PLN 480.3 million in March 2016, the company said in a statement. In Q1 2016, listed Inter Cars had consolidated revenues of PLN 1.28 billion, an increase by 31.3 percent. The sales of the parent company, Inter Cars, grew by 16 percent y/y to PLN 391 million (and by 21.8 percent in Q1 - up to PLN 1.03 billion). Revenue from sales in Poland rose by 20 percent y/y to PLN 283.9 million last month. The company’s foreign subsidiaries increased their sales by 35.1 percent y/y to PLN 163.6 million. Inter Cars has 204 branches in Poland and over 162 branches in Europe (the Czech Republic, Slovakia, Ukraine, Latvia, Lithuania, Hungary, Croatia, Italy, Romania, Estonia, the Republic of Moldova, Bulgaria and Slovenia). The company has been listed on the WSE since 2004.