Financial results of Inter Cars S.A. group
for three quarters of 2023

For the period of 9 months of 2023 the Group recorded an increase of 21.7% in consolidated sales revenues in comparison to comparative period of 2022. The revenue amounted to PLN 13 billion 301 million. 

The consolidated net profit for the period of 9 months of 2023 amounted to PLN 581,424 thousand and was higher by PLN 38,120 thousand in comparison to net profit for 9 months of 2022. 

Consolidated margin on sale of goods for three quarters of 2023 amounted to 29.6%, whereas in the same period of 2022 it amounted to 31%. After elimination of exchange rate differences, the margin would amount to 29.8% for 9 months of 2023 and 31.3% for 9 moths 2022.

The Group is continuing its investment in the expansion of the warehouse in Zakroczym. The investment costs incurred so far in the nine months of 2023 amounted to PLN 146 million. Finishing works and equipping the warehouse are currently underway. The end of investment is planned for the beginning of second quarter 2024. In the next step, the Group is preparing an investment in Romania, consisting of moving the warehouse from Brasov to a new location and full robotisation. 

To learn more about the detailed financial results of the Inter Cars Group, please read the third quarter report: