Tuesday, March 24, 2015

Alma promises stable returns and Acquisitions – Money.pl

2015-03-24 8:41

 Alma promises stable returns and acquisitions

Jerzy Mazgaj, president of Alma Market [photo: fot.Jankowski / REPORTER / EAST NEWS]

Alma Market expects the fourth quarter of 2015, it will generate a stable profit at the consolidated level. Capital expenditures in 2015 will not exceed 22 million.

“In addition to the continuation of the program to improve the effectiveness of sales by Alma Market SA, which should improve its results of operations, the board parent company in 2015 to take action that will lead to the cessation of unprofitable stores in five of the company. In addition, the sale will be made part of the real estate companies in the group and the repayment of part of the loans, “- said in the annual report.

” This should further accelerate the improvement of profitability and enhance the liquidity of the parent company and the entire group. From the fourth quarter of 2015 years the group should generate stable consolidated profit and improve your indicators, including the relative liquidity to those of 2014 years “- added.

Alma Market estimates that capital expenditures in 2015 should not exceed 22 million zł.

According to the plans to open three to five new facilities trade, one of which has already opened in Lublin, and the other will be located in the Warsaw agglomeration and the Tri-City.

“The company does not preclude the development through the acquisition of objects or groups of objects currently operating within the competitive commercial networks” – written in the report.

Krakowski Kredens Galician tradition, in turn, is planning to open in 2015 to 3 new stores in Bialystok, Katowice and Warsaw. In 2014 years of Alma Market loss amounted to 13.5 million zł.

More about Alma Market development plans, see HERE.

LikeTweet

No comments:

Post a Comment