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1Q 2015
Gross profit doubled on year to year basis
Increasingly, from January to March 2015, INTERSPORT Polska S.A. Company gained gross profit of PLN 1 076 thousand, i.e. 107.3% higher compared to the same period in the previous year (was: PLN 519 thousand), primarily due to the increase of margin and the decrease of expenses on comparable stores.
The fact that in the first quarter of 2015 INTERSPORT Polska Company did not conduct deep sales of skiing and snowboarding attire and equipment had a positive impact on the margin. As of 31 March 2015 the Company decreased the year to year stock of winter goods. At the same time, in all-year product groups the upward trend of sales was maintained.
The doubling of the gross profit despite the lower by 6.3% revenue compared to the same period in the previous year is the Company’s success. Lower turnover has resulted from lower sales of winter goods. In the first quarter of 2015 total net revenue from sales of goods and services of INTERSPORT Polska network amounted to PLN 56 012 thousand, while in the first quarter of 2014 the Company's turnover was at the level of PLN 59 771 thousand.
Increasingly, from January to March 2015, EBITDA amounted to PLN 2 972 thousand, i.e. 12.5% higher compared to the same period in the previous year (was: PLN 2 641 thousand).
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