Polish tire company increases sales, but profitability continues to suffer
Oponeo, the company recorded an online sales and rental channel for bicycles on the first website for 2022 growth. the first as before the first, the first company of the quarter with a loss.
In I sales 204 level4 Oponeo.pl group. Sales revenues for the year at the level of PLN 275 million compared to PLN 25,000 in the period of 4.5 million percent. In January 2022, the company recorded a net loss of PLN 2.7 million compared to PLN 2 million in net loss in January 2021.
Group I sold a total of 677 thousand. pieces of tires. Tire sales, decline by 3.7 percent.
– The decrease in sales, equivalent to the replenishment of periodic tires, results from the specific first quarter of 2021, where sellers were to some extent seasonal and tire sales were at a higher level, with a supplement to be completed – the company announced.
The company sold tire sales with an assembly partner in the service network. As of March 31, 2022, it had 1,186 workshops in Poland. In cities, almost 15 percent. customers benefited from the purchase of tires through Oponeo.pl along with installation in a selected service in Poland.
Revenues from the transaction amounted to PLN 215.4 million compared to PLN 206 generated in and in a million of the country in 2021 (by 4.5%). Sales sales in sales revenues 78%. Revenues from foreign sales amounted to PLN 60.5 million, allowing for almost 25 percent. in the results of the results of the 1st quarter of 2021
Oponeo is the appropriate shareholder of Dadelo listed on the WSE (it owns 59.5% of shares). Oponeo’s capitalization amounts to PLN 640 million, from the beginning of the year the shares have decreased by 25%.
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