Brief: Intersport Polska FY 2016 prelim. net loss widens to 8.6 mln zlotys yoy

Intersport Polska SA

17/02/2017 07:33

Feb 17 (Reuters) - Intersport Polska SA  IPOP.WA : 
    * Said on Thursday that its FY 2016 prelim. Revenue was 
205.2 million zlotys ($50.77 million) versus 214.2 million 
zlotys a year ago 
    * FY 2016 prelim. net loss was 8.6 million zlotys versus 
loss of 4.4 million zlotys a year ago 
    * Lower revenue as a result of a 19.6 pct decrease in 
revenue from sale of goods under its own brands 
    * Financial results went down also due to obtaining a lower 
margin on sales by 4.5 million zlotys year on year 
    * In 2016 the company has closed three unprofitable stores 
and expects it will have a positive impact on its 2017 financial 
result 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1685522 
     
 Further company coverage:  IPOP.WA   
    
 
 
 
($1 = 4.0420 zlotys) 
 
 (Gdynia Newsroom) 
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