Retailer Mercator reports EUR 73m net loss for 2016

Ljubljana, 26 April - Slovenia's largest retailer Mercator posted a EUR 72.7m loss for 2016 that it attributes to higher investments and impairments. Revenue declined by 4.5% to EUR 2.49bn, shows the annual report released on Wednesday.

Ljubljana Slovenia's largest grocer Mercator, part of the troubled Croatian group Agrokor. Photo: Tamino Petelinšek/STA

Ljubljana
Slovenia's largest grocer Mercator, part of the troubled Croatian group Agrokor.
Photo: Tamino Petelinšek/STA

The rest of this news item is available to subscribers.
The news item consists of 1.789 characters (without spaces) or 340 words words.

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

sm/ale/ep/ep
© STA, 2017