For the period of third quarter of 2020 Inter Cars Capital Group recorded an increase of 11.2% in consolidated sales revenues in comparison to comparative period of 2019. The consolidated revenues for the period of 9 months of 2020 increased by 1.1%.
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The consolidated net profit for the period of 9 months of 2020 amounted to PLN 222,397 thousand and was higher by PLN 41,137 thousand in comparison to net profit for 9 months of 2019. The main factor influencing the financial results of the Group in the first 3 quarters of 2020 were the decisions taken by the Board, which included limitation of operating costs by, among other things, putting on hold realization of projects, limiting marketing activity, reducing employment and work time.
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Consolidated margin on sale of goods in the third quarter of 2020 amounted to 30.2%
Detailed information on financial results can be found in financial report summarizing the first three quarters of 2020.
