Mercator Still in the Red

Ljubljana, 28 August - Retailer Mercator posted a group net loss of EUR 15.1m for the first six months of 2013, down a fifth year-on-year, while operating profit halved to EUR 11.3m. Sales revenue dropped 3.3% to EUR 1.36bn, the company said Wednesday.

Ljubljana
The management board of Mercator, Slovenia's biggest retailer presents results for the first half of 2013.
Photo: Nebojša Tejić/STA

Ljubljana
Toni Balažič (pictured), CEO of Slovenia's biggest retailer Mercator, talking to the press as the management presents results for the first half of 2013.
Photo: Nebojša Tejić/STA

Ljubljana
The management board of Mercator, Slovenia's biggest retailer presents results for the first half of 2013.
Photo: Nebojša Tejić/STA

Ljubljana
The management board of Mercator, Slovenia's biggest retailer presents results for the first half of 2013.
Photo: Nebojša Tejić/STA

The rest of this news item is available to subscribers.
The news item consists of 1.418 characters (without spaces) or 269 words words.

Buy the news item. Price: 2 tokens; on account: 0 tokens.

sm/ep/mas
© STA, 2013