Novem Car Žalec sees higher profit on lower revenue
Žalec, 8 August - Novem Car Interior Design, the Slovenian subsidiary of the German supplier of decorative components and functional elements for car interiors, saw its net sales revenue drop by 15.5% last year to EUR 84.6 million due to fallout from the Covid pandemic. Meanwhile, net profit rose to EUR 2.5 million from EUR 190,000 in 2019.
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