Mercator posts loss in fiscal 2012

Date: 05/02/2013 Comments: 0
Images (1)
Mercator posts loss in fiscal 2012

 

Slovenian grocer Mercator Group has reported flat revenue growth of EUR2.873 billion (USD3.692 billion) for the 2012 fiscal year. Mercator finished the year with a loss of EUR103.6 million (USD133.1 million).

Mercator’s capex in 2012 amounted to EUR67.3 million (USD86.5 million), of which 60% was invested in Slovenia. Despite the investment, revenues in Slovenia decreased by 2.6%. Mercator also saw a fall in revenues in Croatia. However, in total revenues in Mercator’s foreign markets grew by 3.6%. 

Comments (0)

Oldest first Comment