CCC financial results 2017 - press release
The increase of the company's revenues by as much as one third - this is how the previous year in CCC can be summarized. During this period, the company opened 63 new stores, the store floor space amounted to 536 thousand m² [increase by 17%], and revenues significantly exceeded PLN 4 billion at 925 stores in 17 countries. This is plus 24% in offline channels and plus 111% in online channel.
The CCC Group, one of the largest retail footwear companies in Europe and one of the largest footwear manufacturers in Europe, recorded EBITDA of PLN 501.5 million (+ 12.4%) in 2017 and a net profit of PLN 302.3 million .
"In 2017, we increased revenues by almost a third compared to 2016. This result is for us the confirmation of a properly implemented business strategy. The share of the online channel grew from 9 to 15%, we entered new offline markets (Moldova) and online (Sweden), we signed a franchise agreement for the Middle East and takeover of stores in Romania. This year, we are continuing our development strategy, including entering new markets, with our own CCC e-commerce channel and further openings of stores in new concepts, both CCC and eobuwie.pl, "says Dariusz Miłek, President of CCC.
This year is to be at least as intense as the previous one. CCC consistently builds foundations for further dynamic growth in turnover, it plans to enter at least 3 new sales markets and strengthen the position of the leader in the footwear industry on the CEE market. The Group is working on the development of multi-channel sales to be even closer to the customer and respond to market trends. In the middle of the year CCC online sales will be commenced with the reserve & collect option, and during the year the group plans to open at least 6 multichannel eobuwie.pl stores.
"The company intends to further increase its lead in the area of online sales. This will be served, among others, by the expansion of logistics potential, including the central eobuwie.pl warehouse. We will continue to focus on the development of innovation, including through the continuation of the digital transformation, started in 2017. Being a market leader in Central and Eastern Europe, we should set directions for the development of the industry, "says Marcin Czyczerski, Vice President of the CCC Group.
"The entire CCC CCC is supposed to finish the year 2018 with an increase in revenues to over PLN 5 billion, and every fifth zloty is to come from the online channel.", concludes Dariusz Miłek.
The total area of the sales network in Poland and abroad after 2017 amounted to 536 thousand m2. The company carried out the most dynamic expansion in Russia, where the retail floor space increased by as much as 120% throughout the year. As of 31December 2017, the sales network of the CCC Group has 925 stores, including 477 abroad. The group is present in a total of 19 countries (17 offline and 11 online). As of 31December 2017, it employed nearly 13,000 employees.
For more information, please contact:
Daria Sulgostowska
Communication Manager
Mobile : 693-702-201
e-mail: [email protected]
Bartłomiej Piekarski
Investor Relations Manager
Tel. (76) 84 58 686
Mobile: 667-872-742
e-mail: [email protected]
