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Mercator to Return to Profit by End of Year, CEO Says

Ljubljana, 13 November - Retailer Mercator is successful in reducing its loss despite the economic crisis and a change in consumers' spending habits, CEO Toni Balažič has said. The loss was cut by 63% to EUR 2.4m in the third quarter compared to the second and Balažič expects the company to return to profit by the end of the year.

Ljubljana
The Mercator management presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
The Mercator management presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
The Mercator management presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
The Mercator management presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
Mercator boss Toni Balažič presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
Mercator boss Toni Balažič presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
Mercator boss Toni Balažič presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
Mercator boss Toni Balažič presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
The Mercator management presents the company's Q3 results
Photo: Tamino Petelinšek/STA

Ljubljana
The Mercator management presents the company's Q3 results
Photo: Tamino Petelinšek/STA

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