Mercator has reported its nine month (9M) results for 2014: the company achieved sales of EUR 1.99 billion, a 3.6% decrease year-over year (y-o-y). The lower revenue was a result of exiting the Bulgarian and Albanian markets and the divestment of operations in Croatia and Bosnia & Herzegovina to Konzum.

The group reported operating profit of EUR 26 million, a 31.8% increase year-over-year.

Revenues by markets:

• Slovenia- revenue dropped by 2.9% y-o-y to EUR 1.142 billion.
• Montenegro - revenue increased 5.3% y-o-y to EUR 82.2 million.
• Serbia - EUR 409 million in sales.
• Croatia - EUR 227 million in sales.
• Bosnia and Herzegovina - EUR 127.8 million in sales.

Source: www.kantarretailiq.com