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Mercator posts Q1 group loss of EUR 3.7m as sales decline

Ljubljana, 31 May - Mercator, Slovenia's largest retailer, posted a group net loss of EUR 3.7 million for the first quarter of 2019 compared to a net profit of EUR 1.9 million for the same period last year, as sales declined by 3.1% to just under EUR 500 million, according to preliminary results released on Friday.

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

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