Real estate impairments drag Mercator into red in 2017, retail revenue up
Ljubljana, 26 April - The group around retailer Mercator recorded a EUR 184m net loss in 2017, largely due to real estate impairments resulting from a new accounting policy and amounting to EUR 145.8m. Adjusting for the negative effect of one-off events, the group wrapped up last year with a EUR 6m profit, the company's report says.
Ljubljana
Mercator chairman Tomislav Čizmić presenting retailer's results to press.
Photo: Anže Malovrh/STA
Ljubljana
Mercator chairman Tomislav Čizmić presenting retailer's results to press.
Photo: Anže Malovrh/STA
Ljubljana
Mercator chairman Tomislav Čizmić presenting retailer's results to press.
Photo: Anže Malovrh/STA
Ljubljana
Mercator chairman Tomislav Čizmić presenting retailer's results to press.
Photo: Anže Malovrh/STA
Ljubljana
Mercator chairman Tomislav Čizmić presenting retailer's results to press.
Photo: Anže Malovrh/STA
Ljubljana
Mercator chairman Tomislav Čizmić presenting retailer's results to press.
Photo: Anže Malovrh/STA
The rest of this news item is available to subscribers.
The news item consists of 1.572 characters (without spaces) or 320 words words.
Buy the news item. Price: 2 tokens; on account: 0 tokens.